Alternus Clean Energy Inc (NASDAQ:ALCE – Get Free Report) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 27,600 shares, a drop of 38.0% from the October 15th total of 44,500 shares. Approximately 5.9% of the shares of the stock are short sold. Based on an average daily volume of 203,400 shares, the short-interest ratio is currently 0.1 days.
Alternus Clean Energy Price Performance
NASDAQ:ALCE opened at $1.74 on Thursday. Alternus Clean Energy has a 1-year low of $1.71 and a 1-year high of $272.25. The firm has a 50 day simple moving average of $3.41 and a 200-day simple moving average of $6.50.
Alternus Clean Energy (NASDAQ:ALCE – Get Free Report) last issued its earnings results on Monday, August 26th. The company reported ($2.50) earnings per share (EPS) for the quarter. The firm had revenue of $3.85 million during the quarter.
Alternus Clean Energy Company Profile
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.
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