Could ALPHA-EN CORPORATION (OTCMKTS:ALPE) See a Reversal After More Sellers Came In?

April 17, 2018 - By Vivian Park

The stock of ALPHA-EN CORPORATION (OTCMKTS:ALPE) registered an increase of 6.1% in short interest. ALPE’s total short interest was 8,700 shares in April as published by FINRA. Its up 6.1% from 8,200 shares, reported previously. With 2,600 shares average volume, it will take short sellers 3 days to cover their ALPE’s short positions. The short interest to ALPHA-EN CORPORATION’s float is 0.08%.

It closed at $2 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

alpha-En Corporation focuses on developing technologies to produce lithium metal for use in lightweight, high energy, and density batteries and their components. The company has market cap of $65.29 million. It owns a license to use certain proprietary technology for the processing of lithium. It currently has negative earnings.

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