Alfen (OTCMKTS:ALFNF) Short Interest Update

Alfen (OTCMKTS:ALFNF) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 22,123 shares, a growth of 140.1% from the August 31st total of 9,214 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ? days.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Jefferies Financial Group lowered Alfen from a “buy” rating to a “hold” rating in a research note on Friday, August 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Alfen in a research report on Thursday, June 11th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

Alfen Stock Performance

Shares of ALFNF opened at $11.00 on Tuesday. The company has a 50-day moving average of $11.00 and a two-hundred day moving average of $11.00. Alfen has a one year low of $10.30 and a one year high of $16.90.

Alfen Company Profile

Alfen N.V. is a Netherlands-based company that develops and supplies products and services for the transition to a more sustainable energy system. Its activities focus on electricity grids, energy storage and electric vehicle charging infrastructure.

The company provides solutions including transformer and compact substations, grid automation and monitoring systems, energy management software, battery storage systems and charging equipment for electric vehicles. These products are used by utilities, businesses, municipalities and other organizations to support the distribution, management and use of electricity.

Founded in 1937 and headquartered in Almere, the Netherlands, Alfen serves customers primarily in European markets.