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

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

Alternus Clean Energy Stock Performance

Shares of NASDAQ ALCE opened at $0.05 on Friday. The company’s 50 day moving average price is $0.62 and its 200-day moving average price is $2.70. Alternus Clean Energy has a 52-week low of $0.04 and a 52-week high of $19.58.

About Alternus Clean Energy

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.