AltEnergy Acquisition Corp. (NASDAQ:AEAEW) Short Interest Down 28.0% in April

AltEnergy Acquisition Corp. (NASDAQ:AEAEWGet Free Report) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 1,800 shares, a drop of 28.0% from the March 31st total of 2,500 shares. Based on an average trading volume of 8,600 shares, the days-to-cover ratio is currently 0.2 days.

AltEnergy Acquisition Price Performance

Shares of AEAEW opened at $0.06 on Friday. The firm’s 50 day moving average price is $0.05 and its 200 day moving average price is $0.04. AltEnergy Acquisition has a twelve month low of $0.02 and a twelve month high of $0.28.

About AltEnergy Acquisition

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AltEnergy Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the renewable energy or related clean technology sectors.

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