Alliance Entertainment (AENT) Short Interest Ratio & Short Volume

Short interest is the volume of Alliance Entertainment shares that have been sold short but have not yet been covered or closed out. As of December 31st, investors have sold 222,400 shares of AENT short. 7.08% of Alliance Entertainment's shares are currently sold short. Learn More on Alliance Entertainment's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. AENT shares currently have a short interest ratio of 2.0. Learn More on Alliance Entertainment's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 7.08% of Alliance Entertainment's floating shares are currently sold short.

Alliance Entertainment saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 222,400 shares, an increase of 116.1% from the previous total of 102,900 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Alliance Entertainment currently has issued a total of 50,960,000 shares. Some of Alliance Entertainment's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Alliance Entertainment currently has a public float of 3,140,000 shares.

7.08% of Alliance Entertainment's shares are currently sold short. Here is how the short interest of companies in the industry of "wholesale" compare to Alliance Entertainment: Aspen Aerogels, Inc. (11.97%), Global Industrial (2.60%), SunOpta Inc. (4.09%), CrossAmerica Partners LP (0.73%), MGP Ingredients, Inc. (24.98%), A-Mark Precious Metals, Inc. (7.33%), Ituran Location and Control Ltd. (0.10%), Ryerson Holding Co. (1.93%), Climb Global Solutions, Inc. (2.40%), AerSale Co. (7.00%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.83 billion), Charter Communications, Inc. ($3.77 billion), Reddit, Inc. ($2.98 billion), The Kroger Co. ($2.97 billion), International Paper ($2.64 billion), SoFi Technologies, Inc. ($1.99 billion), Rivian Automotive, Inc. ($1.93 billion), Onsemi ($1.81 billion), SoundHound AI, Inc. ($1.59 billion), and Moderna, Inc. ($1.57 billion). View all of the most shorted stocks.

Short selling AENT is an investing strategy that aims to generate trading profit from Alliance Entertainment as its price is falling. AENT shares are trading down $1.09 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Alliance Entertainment occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of AENT, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including AENT, twice per month. The most recent reporting period available is December, 31 2024.