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

Alternus Clean Energy Inc (NASDAQ:ALCE) was the target of a large 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 stock are sold short. Based on an average daily volume of 416,600 shares, the days-to-cover ratio is currently 0.3 days.

Alternus Clean Energy Trading Down 14.0 %

Shares of 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 simple moving average of $2.00 and a 200-day simple moving average 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.