Short Interest in AltEnergy Acquisition Corp. (NASDAQ:AEAEW) Declines By 28.0%

AltEnergy Acquisition Corp. (NASDAQ:AEAEW) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 1,800 shares, a decline of 28.0% from the March 31st total of 2,500 shares. Based on an average trading volume of 8,600 shares, the days-to-cover ratio is currently 0.2 days.

AltEnergy Acquisition Price Performance

AltEnergy Acquisition stock opened at $0.06 on Monday. AltEnergy Acquisition has a fifty-two week low of $0.02 and a fifty-two week high of $0.28. The stock’s fifty day moving average is $0.05 and its two-hundred day moving average is $0.04.

AltEnergy Acquisition Company Profile

AltEnergy Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the renewable energy or related clean technology sectors.