Short Interest in Alfen (OTCMKTS:ALFNF) Expands By 67.4%

Alfen (OTCMKTS:ALFNF) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 18,092 shares, an increase of 67.4% from the May 14th total of 10,805 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Analyst Ratings Changes

A number of research analysts recently weighed in on ALFNF shares. Oddo Bhf lowered Alfen from a “neutral” rating to an “underperform” rating in a research report on Tuesday, February 17th. Jefferies Financial Group raised Alfen from an “underperform” rating to a “buy” rating in a research report on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Alfen in a research report on Thursday. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Alfen Price Performance

Alfen stock opened at $11.00 on Monday. The stock has a fifty day simple moving average of $11.00 and a two-hundred day simple moving average of $11.07. Alfen has a 12 month low of $10.30 and a 12 month high of $16.90.

Alfen Company Profile

Alfen N.V., through its subsidiaries, engages in the design, engineering, development, production, and service of smart grids, energy storage systems,and electric vehicle charging equipment. The company offers smart grid solutions, including secondary transformer substations for grid operators, devices for grid automation, and proprietary back-end systems for remote management and control of electricity grids, as well as micro-grids; and supplementary offerings to grid connect amongst others PV farms, electric vehicle (EV) fast-charging hubs, and industrial companies.