Alternus Clean Energy Inc (NASDAQ:ALCE) Sees Significant Decrease in Short Interest

Alternus Clean Energy Inc (NASDAQ:ALCE) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 66,400 shares, a decline of 36.9% from the November 30th total of 105,300 shares. Based on an average trading volume of 428,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 4.8% of the shares of the stock are short sold.

Alternus Clean Energy Stock Down 0.1 %

Shares of Alternus Clean Energy stock opened at $0.90 on Friday. Alternus Clean Energy has a 12-month low of $0.74 and a 12-month high of $44.25. The stock’s fifty day moving average is $1.56 and its 200-day moving average is $4.73.

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.