Allegro MicroSystems (ALGM) Short Interest Ratio & Short Volume $21.10 +0.26 (+1.25%) (As of 11/1/2024 ET) Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Allegro MicroSystems Short Interest DataAllegro MicroSystems (ALGM) has a short interest of 11.69 million shares, representing 9.55% of the float (the number of shares available for trading by the public). This marks a -10.63% decrease in short interest from the previous month. The short interest ratio (days to cover) is 4.5, indicating that it would take 4.5 days of the average trading volume of 1.95 million shares to cover all short positions.Current Short Interest11,690,000 sharesPrevious Short Interest13,080,000 sharesChange Vs. Previous Month-10.63%Dollar Volume Sold Short$239.18 millionShort Interest Ratio4.5 Days to CoverLast Record DateOctober 15, 2024Outstanding Shares193,920,000 sharesFloat Size122,450,000 sharesShort Percent of Float9.55%Today's Trading Volume2,519,452 sharesAverage Trading Volume1,946,156 sharesToday's Volume Vs. Average129% Short Selling Allegro MicroSystems? Sign up to receive the latest short interest report for Allegro MicroSystems and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartALGM Short Interest Over TimeALGM Days to Cover Over TimeALGM Percentage of Float Shorted Over Time Ad Porter & CompanyTrue paradigm shiftI thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. Here’s the full story for you. Allegro MicroSystems Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 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 Get the Latest News and Ratings for ALGM and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Allegro MicroSystems and its competitors with MarketBeat's FREE daily newsletter. 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 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 $43.68Tim Sykes’ Urgent Trade Alert: “Make this move now” (Ad)Tim Sykes - the world’s most apolitical Millionaire trader - just sat down for an urgent election interview… Breaking down the ONE MOVE you must make before the November 5th election to set yourself up for a prosperous 2025.Click here to see the surprising reason why 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 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 $29.49Tim Sykes’ Urgent Trade Alert: “Make this move now” (Ad)Tim Sykes - the world’s most apolitical Millionaire trader - just sat down for an urgent election interview… Breaking down the ONE MOVE you must make before the November 5th election to set yourself up for a prosperous 2025.Click here to see the surprising reason why 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 October 15th, traders have sold 11,690,000 shares of ALGM short. 9.55% 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 4.0. 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: Cubist Systematic Strategies LLC, Squarepoint Ops LLC, and Cubist Systematic Strategies LLC. 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. 9.55% of Allegro MicroSystems' floating shares are currently sold short. Is Allegro MicroSystems' short interest increasing or decreasing? Allegro MicroSystems saw a drop in short interest during the month of October. As of October 15th, there was short interest totaling 11,690,000 shares, a drop of 10.6% from the previous total of 13,080,000 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 193,920,000 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 122,450,000 shares. How does Allegro MicroSystems' short interest compare to its competitors? 9.55% of Allegro MicroSystems' shares are currently sold short. Here is how the short interest of companies compare to Allegro MicroSystems: Power Integrations, Inc. (5.93%), Diodes Incorporated (4.53%), Semtech Co. (9.61%), Amkor Technology, Inc. (4.05%), SunPower Co. (16.40%), Ubiquiti Inc. (7.36%), Flex Ltd. (2.97%), Astera Labs, Inc. (9.14%), Universal Display Co. (3.63%), Qorvo, Inc. (3.21%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 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 up $0.26 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 October, 15 2024. More Short Interest Resources from MarketBeat Related Companies Power Integrations Short Interest Data Diodes Short Interest Data Semtech Short Interest Data Amkor Technology Short Interest Data SunPower Short Interest Data Ubiquiti Short Interest Data Flex Short Interest Data Astera Labs Short Interest Data Universal Display Short Interest Data Qorvo Short Interest Data Short Interest Tools Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:ALGM) was last updated on 11/2/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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