Alfen (OTCMKTS:ALFNF) Stock Short Interest Report for September

Alfen (OTCMKTS:ALFNF) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 40,480 shares, an increase of 83.0% from the September 15th total of 22,123 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Alfen Price Performance

OTCMKTS ALFNF opened at $11.00 on Friday. Alfen has a 1-year low of $10.30 and a 1-year high of $16.90. The company has a 50 day moving average of $11.00 and a 200-day moving average of $11.00.

Analyst Ratings Changes

Separately, Jefferies Financial Group lowered Alfen from a “buy” rating to a “hold” rating in a research note on Friday, August 21st. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

About Alfen

Alfen N.V. is a Netherlands-based energy technology company that develops products and integrated solutions for the transition to a more decentralized and sustainable energy system. The company serves utilities, businesses, municipalities and other organizations primarily across Europe.

Its activities are organized around smart grids, energy storage and electric vehicle charging. Alfen supplies distribution substations and other grid infrastructure, battery-based energy storage systems, and charging equipment and services for homes, businesses, public locations and vehicle fleets.