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

Alternus Clean Energy Inc (NASDAQ:ALCE) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 105,300 shares, an increase of 29.2% from the November 15th total of 81,500 shares. Currently, 17.5% of the shares of the company are short sold. Based on an average trading volume of 416,600 shares, the days-to-cover ratio is presently 0.3 days.

Alternus Clean Energy Stock Performance

Shares of NASDAQ:ALCE opened at $0.85 on Friday. Alternus Clean Energy has a 52 week low of $0.78 and a 52 week high of $162.75. The company has a 50-day moving average price of $2.00 and a 200 day moving average price of $5.39.

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.