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

Alternus Clean Energy Inc (NASDAQ:ALCE) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 66,400 shares, a decrease of 36.9% from the November 30th total of 105,300 shares. Approximately 4.8% of the shares of the company are short sold. Based on an average daily volume of 428,400 shares, the short-interest ratio is currently 0.2 days.

Alternus Clean Energy Price Performance

NASDAQ ALCE traded down $0.00 on Friday, hitting $0.90. 55,420 shares of the stock traded hands, compared to its average volume of 122,016. The business’s fifty day moving average is $1.56 and its two-hundred day moving average is $4.70. Alternus Clean Energy has a 12 month low of $0.74 and a 12 month high of $44.25.

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.