Alfen (OTCMKTS:ALFNF) Short Interest Update

Alfen (OTCMKTS:ALFNF) was the target of a significant 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 volume of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ALFNF shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Alfen in a research report on Thursday, June 11th. Jefferies Financial Group raised shares of Alfen from an “underperform” rating to a “buy” rating in a research report on Thursday, May 21st. Finally, Oddo Bhf cut Alfen from a “neutral” rating to an “underperform” rating in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Alfen Price Performance

ALFNF opened at $11.00 on Wednesday. The firm’s fifty day moving average price is $11.00 and its 200 day moving average price is $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.