Alternus Clean Energy Inc (NASDAQ:ALCE) Short Interest Update

Alternus Clean Energy Inc (NASDAQ:ALCE) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 81,500 shares, a growth of 195.3% from the October 31st total of 27,600 shares. Approximately 17.0% of the company’s stock are short sold. Based on an average daily volume of 408,800 shares, the short-interest ratio is presently 0.2 days.

Alternus Clean Energy Trading Down 4.6 %

Shares of ALCE stock traded down $0.06 during trading on Wednesday, reaching $1.24. The company’s stock had a trading volume of 64,042 shares, compared to its average volume of 126,024. The stock’s 50-day moving average price is $2.73 and its 200 day moving average price is $6.00. Alternus Clean Energy has a 1-year low of $1.16 and a 1-year high of $265.25.

Alternus Clean Energy (NASDAQ:ALCE) last posted its quarterly earnings results on Monday, August 26th. The company reported ($2.50) EPS for the quarter. The business had revenue of $3.85 million for 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.