Alternus Clean Energy Inc (NASDAQ:ALCE) Short Interest Down 38.3% in December

Alternus Clean Energy Inc (NASDAQ:ALCE) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 41,000 shares, a drop of 38.3% from the December 15th total of 66,400 shares. Based on an average trading volume of 1,260,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 3.0% of the company’s shares are short sold.

Alternus Clean Energy Price Performance

Shares of ALCE stock opened at $0.52 on Wednesday. Alternus Clean Energy has a twelve month low of $0.52 and a twelve month high of $30.75. The company’s 50-day moving average price is $1.14 and its 200-day moving average price is $3.93.

About Alternus Clean Energy

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.