Alternus Clean Energy Inc (NASDAQ:ALCE) Sees Large Increase in Short Interest

Alternus Clean Energy Inc (NASDAQ:ALCEGet Free Report) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 105,300 shares, a growth of 29.2% from the November 15th total of 81,500 shares. Based on an average trading volume of 416,600 shares, the short-interest ratio is currently 0.3 days. Currently, 17.5% of the company’s stock are short sold.

Alternus Clean Energy Price Performance

Shares of NASDAQ:ALCE traded down $0.12 during midday trading on Friday, hitting $0.87. The stock had a trading volume of 78,287 shares, compared to its average volume of 123,823. The business’s 50-day simple moving average is $2.00 and its 200-day simple moving average is $5.39. Alternus Clean Energy has a 12 month low of $0.78 and a 12 month high of $162.75.

About Alternus Clean Energy

(Get Free Report)

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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