Short Interest in Alternus Clean Energy Inc (NASDAQ:ALCE) Declines By 38.3%

Alternus Clean Energy Inc (NASDAQ:ALCE) was the target of a significant decline in short interest during 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. Currently, 3.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,260,000 shares, the days-to-cover ratio is presently 0.0 days.

Alternus Clean Energy Price Performance

Alternus Clean Energy stock opened at $0.34 on Friday. Alternus Clean Energy has a 12 month low of $0.30 and a 12 month high of $26.50. The business’s fifty day simple moving average is $0.84 and its two-hundred day simple moving average is $3.29.

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.