Alternus Clean Energy Inc (NASDAQ:ALCE) Short Interest Update

Alternus Clean Energy Inc (NASDAQ:ALCEGet Free Report) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 113,200 shares, a drop of 11.4% from the January 31st total of 127,800 shares. Based on an average daily trading volume, of 296,000 shares, the short-interest ratio is currently 0.4 days. Currently, 2.0% of the company’s stock are short sold.

Alternus Clean Energy Stock Performance

Shares of ALCE stock opened at $0.37 on Tuesday. The business’s 50-day moving average price is $0.94. Alternus Clean Energy has a 1 year low of $0.29 and a 1 year high of $11.36.

Institutional Trading of Alternus Clean Energy

A number of large investors have recently made changes to their positions in ALCE. Cowen AND Company LLC acquired a new position in Alternus Clean Energy during the fourth quarter worth approximately $45,000. Verition Fund Management LLC purchased a new position in shares of Alternus Clean Energy during the fourth quarter worth approximately $49,000. Kim LLC acquired a new position in shares of Alternus Clean Energy in the 4th quarter valued at $60,000. Parkwood LLC purchased a new stake in Alternus Clean Energy in the 4th quarter valued at $75,000. Finally, Bracebridge Capital LLC acquired a new stake in Alternus Clean Energy during the 4th quarter worth $90,000. 26.39% of the stock is owned by institutional investors and hedge funds.

About Alternus Clean Energy

(Get Free Report)

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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