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

Alternus Clean Energy Inc (NASDAQ:ALCE) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 41,000 shares, a decline of 38.3% from the December 31st total of 66,400 shares. Based on an average daily volume of 1,260,000 shares, the short-interest ratio is currently 0.0 days. Currently, 3.0% of the shares of the company are sold short.

Alternus Clean Energy Stock Down 0.8 %

Shares of ALCE opened at $0.35 on Thursday. The business’s 50-day moving average is $0.86 and its two-hundred day moving average is $3.31. Alternus Clean Energy has a fifty-two week low of $0.34 and a fifty-two week high of $26.50.

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.