Alfen (OTCMKTS:ALFNF – Get Free Report) saw a large increase in short interest in 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 presently ∞ days.
Alfen Price Performance
Shares of ALFNF opened at $11.00 on Friday. The firm has a 50 day moving average of $11.00 and a 200 day moving average of $11.00. Alfen has a twelve month low of $10.30 and a twelve month high of $16.90.
Analysts Set New Price Targets
Separately, Jefferies Financial Group downgraded shares of Alfen from a “buy” rating to a “hold” rating in a research report on Friday, August 21st. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Alfen currently has an average rating of “Reduce”.
View Our Latest Report on ALFNF
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.
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