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

Alternus Clean Energy Inc (NASDAQ:ALCE) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 80,100 shares, anincreaseof92.1% from the June 30th total of 41,700 shares. Based on an average trading volume of 3,388,400 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 3,388,400 shares, the days-to-cover ratio is presently 0.0 days.

Alternus Clean Energy Stock Up 11.1%

Shares of NASDAQ:ALCE opened at $0.01 on Wednesday. The firm’s 50 day moving average price is $0.02 and its 200 day moving average price is $0.07. Alternus Clean Energy has a fifty-two week low of $0.01 and a fifty-two week high of $10.11.

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.