Alternus Clean Energy Inc (NASDAQ:ALCE – Get Free Report) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 27,600 shares, a decrease of 38.0% from the October 15th total of 44,500 shares. Approximately 5.9% of the company’s stock are sold short. Based on an average daily volume of 203,400 shares, the short-interest ratio is currently 0.1 days.
Alternus Clean Energy Price Performance
ALCE opened at $1.75 on Friday. The business’s 50-day moving average price is $3.34 and its two-hundred day moving average price is $6.47. Alternus Clean Energy has a 1 year low of $1.67 and a 1 year high of $272.25.
Alternus Clean Energy (NASDAQ:ALCE – Get Free Report) last announced its earnings results on Monday, August 26th. The company reported ($2.50) earnings per share (EPS) for the quarter. The company had revenue of $3.85 million during the quarter.
About Alternus Clean Energy
Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.
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