Alternus Clean Energy Inc (NASDAQ:ALCE) Short Interest Up 119.4% in January

Alternus Clean Energy Inc (NASDAQ:ALCE) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 76,800 shares, an increase of 119.4% from the January 15th total of 35,000 shares. Based on an average daily volume of 1,220,000 shares, the short-interest ratio is presently 0.1 days. Approximately 4.1% of the company’s stock are sold short.

Alternus Clean Energy Trading Up 12.2 %

Shares of NASDAQ ALCE opened at $0.05 on Friday. The firm’s 50-day moving average price is $0.62 and its 200-day moving average price is $2.70. Alternus Clean Energy has a 1-year low of $0.04 and a 1-year high of $19.58.

Alternus Clean Energy Company Profile

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.