Alternus Clean Energy Inc (NASDAQ:ALCE – Get Free Report) was the target of a large increase in short interest in 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. Based on an average trading volume of 408,800 shares, the short-interest ratio is currently 0.2 days. Approximately 17.0% of the company’s stock are sold short.
Alternus Clean Energy Trading Down 4.6 %
Shares of NASDAQ:ALCE opened at $1.24 on Friday. Alternus Clean Energy has a 1 year low of $1.16 and a 1 year high of $265.25. The business has a fifty day simple moving average of $2.60 and a 200 day simple moving average of $5.93.
Alternus Clean Energy (NASDAQ:ALCE – Get Free Report) last posted its quarterly earnings results on Monday, August 26th. The company reported ($2.50) earnings per share for the quarter. The firm had revenue of $3.85 million during 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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