Alliance Entertainment (AENTW) Short Interest Ratio & Short Volume

Short interest is the volume of Alliance Entertainment shares that have been sold short but have not yet been closed out or covered. As of June 15th, traders have sold 3,400 shares of AENTW short. Learn More on Alliance Entertainment's current short interest.

Alliance Entertainment saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 3,400 shares, an increase of 3,300.0% from the previous total of 100 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.

Here is how the short interest of companies in the industry of "wholesale" compare to Alliance Entertainment: CHS Inc. (0.14%), TE Connectivity Ltd. (1.00%), US Foods Holding Corp. (2.04%), Performance Food Group (1.54%), Core & Main, Inc. (6.50%), SiteOne Landscape Supply, Inc. (4.12%), Avnet, Inc. (4.79%), Resideo Technologies, Inc. (1.73%), GMS Inc. (2.57%), Central Garden & Pet (18.78%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($5.04 billion), T-Mobile US, Inc. ($4.49 billion), Charter Communications, Inc. ($3.25 billion), Moderna, Inc. ($3.02 billion), General Motors ($2.91 billion), Royal Caribbean Cruises Ltd. ($2.37 billion), Cencora, Inc. ($2.19 billion), Tractor Supply ($1.82 billion), Williams-Sonoma, Inc. ($1.72 billion), and Enphase Energy, Inc. ($1.61 billion). View all of the most shorted stocks.

Short selling AENTW is an investing strategy that aims to generate trading profit from Alliance Entertainment as its price is falling. AENTW shares are trading up $0.15 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 AENTW, 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 AENTW, twice per month. The most recent reporting period available is June, 15 2024.