Alternus Clean Energy Inc (NASDAQ:ALCE) Short Interest Up 165.0% in May

Alternus Clean Energy Inc (NASDAQ:ALCE) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 15,900 shares, an increase of 165.0% from the May 15th total of 6,000 shares. Based on an average daily trading volume, of 148,800 shares, the short-interest ratio is currently 0.1 days. Approximately 0.4% of the shares of the company are sold short.

Alternus Clean Energy Stock Performance

Alternus Clean Energy stock opened at $0.03 on Friday. The stock’s 50 day moving average price is $0.03 and its 200 day moving average price is $0.29. Alternus Clean Energy has a 1-year low of $0.02 and a 1-year high of $10.39.

About Alternus Clean Energy

Alternus Clean Energy, Inc operates as a power producer. It develops, installs, owns and operates utility scale solar parks in America and Europe. It operates through the United States and Europe geographical segments. The company was founded by Vincent Browne in 2017 and is headquartered in New York, NY.