Alternus Clean Energy Inc (NASDAQ:ALCE – Get Free Report) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 81,500 shares, an increase of 195.3% from the October 31st total of 27,600 shares. Approximately 17.0% of the shares of the company are short sold. Based on an average daily volume of 408,800 shares, the short-interest ratio is presently 0.2 days.
Alternus Clean Energy Stock Performance
Shares of Alternus Clean Energy stock opened at $1.24 on Friday. The firm has a fifty day simple moving average of $2.60 and a 200-day simple moving average of $5.93. Alternus Clean Energy has a 1-year low of $1.16 and a 1-year high of $265.25.
Alternus Clean Energy (NASDAQ:ALCE – Get Free Report) last released its earnings results on Monday, August 26th. The company reported ($2.50) earnings per share for the quarter. The business had revenue of $3.85 million for the quarter.
Alternus Clean Energy Company Profile
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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