Alternus Clean Energy (ALCE) Short Interest Ratio & Short Volume

Short interest is the volume of Alternus Clean Energy shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 27,600 shares of ALCE short. 5.87% of Alternus Clean Energy's shares are currently sold short. Learn More on Alternus Clean Energy's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 5.87% of Alternus Clean Energy's floating shares are currently sold short.

Alternus Clean Energy saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 27,600 shares, a drop of 38.0% from the previous total of 44,500 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Alternus Clean Energy currently has issued a total of 3,470,000 shares. Some of Alternus Clean Energy's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Alternus Clean Energy currently has a public float of 470,200 shares.

5.87% of Alternus Clean Energy's shares are currently sold short. Here is how the short interest of companies in the industry of "utilities" compare to Alternus Clean Energy: VivoPower International PLC (12.23%), Constellation Energy Co. (1.51%), Enterprise Products Partners L.P. (1.34%), Energy Transfer LP (0.71%), Vistra Corp. (2.83%), American Electric Power Company, Inc. (1.40%), TC Energy Co. (1.01%), Xcel Energy Inc. (1.37%), Exelon Co. (1.64%), Cheniere Energy Partners (0.22%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling ALCE is an investing strategy that aims to generate trading profit from Alternus Clean Energy as its price is falling. ALCE shares are trading down $0.02 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Alternus Clean Energy occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of ALCE, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ALCE, twice per month. The most recent reporting period available is October, 31 2024.