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Allegro MicroSystems (ALGM) Short Interest Ratio & Short Volume

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$26.61 -1.00 (-3.62%)
Closing price 04:00 PM Eastern
Extended Trading
$26.64 +0.04 (+0.13%)
As of 07:02 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Allegro MicroSystems Short Interest Data

Allegro MicroSystems (ALGM) has a short interest of 11.28 million shares, representing 9.28% of the float (the number of shares available for trading by the public). This marks a 4.54% increase in short interest from the previous month. The short interest ratio (days to cover) is 5.1, indicating that it would take 5.1 days of the average trading volume of 2.59 million shares to cover all short positions.

Current Short Interest
11,280,000 shares
Previous Short Interest
10,790,000 shares
Change Vs. Previous Month
+4.54%
Dollar Volume Sold Short
$271.74 million
Short Interest Ratio
5.1 Days to Cover
Last Record Date
January 31, 2025
Outstanding Shares
184,125,000 shares
Float Size
121,570,000 shares
Short Percent of Float
9.28%
Today's Trading Volume
1,776,264 shares
Average Trading Volume
2,586,946 shares
Today's Volume Vs. Average
69%
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ALGM Short Interest Over Time

ALGM Days to Cover Over Time

ALGM Percentage of Float Shorted Over Time

Allegro MicroSystems Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
1/31/202511,280,000 shares $271.74 million +4.5%9.3%5.1 $24.09
1/15/202510,790,000 shares $252.49 million +4.0%8.8%5.2 $23.40
12/31/202410,380,000 shares $226.91 million -9.0%8.5%5.3 $21.86
12/15/202411,400,000 shares $250.80 million -12.0%9.3%5.8 $22.00
11/30/202412,950,000 shares $281.40 million -0.1%10.6%5.7 $21.73
11/15/202412,960,000 shares $247.15 million +5.3%10.6%5.6 $19.07
10/31/202412,310,000 shares $256.54 million +5.3%10.1%5.7 $20.84
10/15/202411,690,000 shares $239.18 million -10.6%9.6%4.5 $20.46
9/30/202413,080,000 shares $304.76 million +27.2%10.7%4.9 $23.30
9/15/202410,280,000 shares $230.68 million +11.7%8.2%4 $22.44
8/31/20249,200,000 shares $225.68 million +3.6%6.9%4.2 $24.53
8/15/20248,880,000 shares $223.07 million +5.7%6.7%4.4 $25.12
7/31/20248,400,000 shares $201.94 million -10.2%6.2%4 $24.04
7/15/20249,350,000 shares $296.58 million -3.1%10.5%6.2 $31.72
6/30/20249,650,000 shares $272.52 million -0.5%10.8%6.8 $28.24
6/15/20249,700,000 shares $271.79 million -0.7%11.1%6.8 $28.02
5/31/20249,770,000 shares $294.47 million +7.1%11.2%6.9 $30.14
5/15/20249,120,000 shares $272.69 million +0.6%10.5%5.9 $29.90
4/30/20249,070,000 shares $269.29 million +4.9%11.5%5.7 $29.69
4/15/20248,650,000 shares $227.15 million +7.6%11.0%4.9 $26.26
3/31/20248,040,000 shares $216.76 million -0.4%10.2%4.6 $26.96
3/15/20248,070,000 shares $221.93 million +2.5%10.3%4.7 $27.50
2/29/20247,870,000 shares $247.83 million +9.6%10.1%4.5 $31.49
2/15/20247,180,000 shares $224.38 million +10.1%9.2%4.5 $31.25
1/31/20246,520,000 shares $169.13 million +12.2%8.3%4.3 $25.94
1/15/20245,810,000 shares $152.34 million +7.8%8.0%4.2 $26.22
12/31/20235,390,000 shares $163.16 million +7.4%7.4%4.1 $30.27
12/15/20235,020,000 shares $156.67 million -5.8%6.9%3.8 $31.21
11/30/20235,330,000 shares $145.08 million -6.2%7.3%4.2 $27.22
11/15/20235,680,000 shares $162.68 million +5.0%7.8%4.3 $28.64
10/31/20235,410,000 shares $140.44 million +8.6%7.4%4.2 $25.96
10/15/20234,980,000 shares $147.01 million +2.9%6.8%3.7 $29.52
9/30/20234,840,000 shares $154.59 million +0.4%6.6%3.3 $31.94
9/15/20234,820,000 shares $158.05 million -19.1%6.6%3.3 $32.79
8/31/20235,960,000 shares $227.97 million +0.9%8.1%4 $38.25
8/15/20235,910,000 shares $229.96 million -16.6%8.4%4 $38.91
7/31/20237,090,000 shares $365.91 million -5.5%10.1%4.5 $51.61
7/15/20237,500,000 shares $374.03 million +8.7%10.7%4.6 $49.87
6/30/20236,900,000 shares $311.47 million -0.7%9.9%4.5 $45.14
6/15/20236,950,000 shares $279.88 million +6.1%10.0%4.6 $40.27
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5/31/20236,550,000 shares $257.61 million +12.5%9.5%4.2 $39.33
5/15/20235,820,000 shares $220.75 million +5.8%8.4%3.7 $37.93
4/30/20235,500,000 shares $196.74 million +4.2%7.9%3.6 $35.77
4/15/20235,280,000 shares $237.81 million -7.7%7.6%3.3 $45.04
3/31/20235,720,000 shares $274.50 million -10.1%8.2%3.7 $47.99
3/15/20236,360,000 shares $282.83 million -3.9%9.1%4.3 $44.47
2/28/20236,620,000 shares $289.16 million -6.6%9.5%4.2 $43.68
2/15/20237,090,000 shares $325.57 million -2.3%10.2%4.6 $45.92
1/31/20237,260,000 shares $277.11 million +5.5%10.5%4.9 $38.17
1/15/20236,880,000 shares $232.13 million +7.5%10.7%5.9 $33.74
12/30/20226,400,000 shares $192.13 million +30.6%10.0%6 $30.02
12/15/20224,900,000 shares $150.04 million +15.8%7.6%4.6 $30.62
11/30/20224,230,000 shares $131.72 million +5.5%6.6%5.2 $31.14
11/15/20224,010,000 shares $117.37 million +35.5%6.2%5.8 $29.27
10/31/20222,960,000 shares $75.21 million +14.3%4.6%5.2 $25.41
10/15/20222,590,000 shares $52.34 million +5.7%4.0%5 $20.21
9/30/20222,450,000 shares $53.53 million +8.4%3.8%4.9 $21.85
9/15/20222,260,000 shares $50.80 million +3.7%3.5%4.8 $22.48
8/31/20222,180,000 shares $50.84 million +5.8%3.4%4.7 $23.32
8/15/20222,060,000 shares $54.55 million -5.9%3.2%3.9 $26.48
7/31/20222,190,000 shares $54.38 million -3.1%3.4%3.6 $24.83
7/15/20222,260,000 shares $47.82 million -1.3%3.6%3.8 $21.16
6/30/20222,290,000 shares $47.38 million -2.1%3.6%3.8 $20.69
6/15/20222,340,000 shares $51.55 million -6.4%3.7%3.8 $22.03
5/31/20222,500,000 shares $64.38 million -1.6%3.9%4.3 $25.75
5/15/20222,540,000 shares $59.99 million -2.7%4.0%4.8 $23.62
4/30/20222,610,000 shares $63.45 million -3.3%4.1%5.5 $24.31
4/15/20222,700,000 shares $64.75 million -5.3%4.2%5 $23.98
3/31/20222,850,000 shares $80.94 million +1.4%4.4%4.9 $28.40
3/15/20222,810,000 shares $72.81 million -4.1%4.4%4.3 $25.91
2/28/20222,930,000 shares $84.00 million -0.3%4.6%4.1 $28.67
2/15/20222,940,000 shares $85.35 million +2.4%4.6%3.9 $29.03
1/31/20222,870,000 shares $81.45 million +1.8%4.5%3.6 $28.38
1/15/20222,820,000 shares $86.74 million -2.1%4.4%3.3 $30.76
12/31/20212,880,000 shares $104.20 million +12.9%4.5%3.6 $36.18
12/15/20212,550,000 shares $88.49 million -4.9%4.0%3.5 $34.70
11/30/20212,680,000 shares $83.70 million +15.0%4.2%3.5 $31.23
11/15/20212,330,000 shares $77.08 million -15.6%3.7%3.2 $33.08
10/29/20212,760,000 shares $92.07 million +6.6%4.4%3.9 $33.36
10/15/20212,590,000 shares $81.20 million +8.8%4.8%4.5 $31.35
9/30/20212,380,000 shares $76.06 million +20.8%4.4%4.2 $31.96
9/15/20211,970,000 shares $71.83 million +16.6%3.6%3.4 $36.46
8/31/20211,690,000 shares $50.78 million +16.6%3.1%3.6 $30.05
8/13/20211,450,000 shares $42.91 million No Change2.7%2.9 $29.59
7/30/20211,450,000 shares $39.74 million -5.2%2.7%2.5 $27.41
7/15/20211,530,000 shares $39.83 million -2.6%2.9%2.5 $26.03
6/30/20211,570,000 shares $43.49 million +14.6%2.9%2.5 $27.70
6/15/20211,370,000 shares $37.33 million -23.5%2.6%2.1 $27.25
5/28/20211,790,000 shares $46.92 million -11.8%3.4%2.7 $26.21
5/14/20212,030,000 shares $46.45 million -10.6%3.9%2.8 $22.88
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4/30/20212,270,000 shares $57.50 million -15.0%4.3%2.7 $25.33
4/15/20212,670,000 shares $69.66 million -3.6%5.1%2.8 $26.09
3/31/20212,770,000 shares $69.03 million -4.8%5.3%2.8 $24.92
3/15/20212,910,000 shares $77.96 million +12.4%5.5%2.7 $26.79
2/26/20212,590,000 shares $69.20 million +16.7%5.1%2.4 $26.72
2/12/20212,220,000 shares $67.80 million -2.2%4.4%2.1 $30.54
1/29/20212,270,000 shares $66.94 million -13.4%6.8%2.3 $29.49
1/15/20212,620,000 shares $87.43 million No Change7.8%2.4 $33.37

ALGM Short Interest - Frequently Asked Questions

What is Allegro MicroSystems' current short interest?

Short interest is the volume of Allegro MicroSystems shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 11,280,000 shares of ALGM short. 9.28% of Allegro MicroSystems' shares are currently sold short. Learn More on Allegro MicroSystems' current short interest.

What is a good short interest ratio for Allegro MicroSystems?

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. ALGM shares currently have a short interest ratio of 5.0. Learn More on Allegro MicroSystems's short interest ratio.

Which institutional investors are shorting Allegro MicroSystems?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Allegro MicroSystems: GTS Securities LLC, Wolverine Trading LLC, Summit Partners Public Asset Management LLC, Group One Trading LLC, D. E. Shaw & Co. Inc., Cubist Systematic Strategies LLC, Citadel Advisors LLC, Tudor Investment Corp ET AL, Two Sigma Securities LLC, Concourse Financial Group Securities Inc., PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, and Capital Fund Management S.A.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Allegro MicroSystems?

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. 9.28% of Allegro MicroSystems' floating shares are currently sold short.

Is Allegro MicroSystems' short interest increasing or decreasing?

Allegro MicroSystems saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 11,280,000 shares, an increase of 4.5% from the previous total of 10,790,000 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.

What is Allegro MicroSystems' float size?

Allegro MicroSystems currently has issued a total of 184,125,000 shares. Some of Allegro MicroSystems' 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. Allegro MicroSystems currently has a public float of 121,570,000 shares.

How does Allegro MicroSystems' short interest compare to its competitors?

9.28% of Allegro MicroSystems' shares are currently sold short. Here is how the short interest of companies in the industry of "electronic equipment" compare to Allegro MicroSystems: Flex Ltd. (2.80%), United Microelectronics Co. (3.08%), Celestica Inc. (2.52%), Astera Labs, Inc. (6.61%), Credo Technology Group Holding Ltd (4.86%), Leonardo DRS, Inc. (2.15%), Qorvo, Inc. (9.92%), Nextracker Inc. (7.32%), Universal Display Co. (3.97%), Lumentum Holdings Inc. (14.58%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

What does it mean to sell short Allegro MicroSystems stock?

Short selling ALGM is an investing strategy that aims to generate trading profit from Allegro MicroSystems as its price is falling. ALGM shares are trading down $1.00 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.

How does a short squeeze work against Allegro MicroSystems?

A short squeeze for Allegro MicroSystems 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 ALGM, which in turn drives the price of the stock up even further.

How often is Allegro MicroSystems' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ALGM, twice per month. The most recent reporting period available is January, 31 2025.




This page (NASDAQ:ALGM) was last updated on 2/21/2025 by MarketBeat.com Staff
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