Alternus Clean Energy Inc (NASDAQ:ALCE) Sees Significant Decrease in Short Interest

Alternus Clean Energy Inc (NASDAQ:ALCE) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 66,400 shares, a decline of 36.9% from the November 30th total of 105,300 shares. Approximately 4.8% of the shares of the stock are short sold. Based on an average trading volume of 428,400 shares, the days-to-cover ratio is presently 0.2 days.

Alternus Clean Energy Price Performance

Shares of NASDAQ ALCE opened at $0.90 on Friday. Alternus Clean Energy has a twelve month low of $0.74 and a twelve month high of $44.25. The firm has a 50-day moving average of $1.56 and a two-hundred day moving average of $4.73.

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.