Free Trial

Allegiant Travel (ALGT) Short Interest Ratio & Short Volume

Allegiant Travel logo
$72.70 +1.91 (+2.70%)
(As of 11/20/2024 ET)

Allegiant Travel Short Interest Data

Allegiant Travel (ALGT) has a short interest of 1.53 million shares, representing 9.99% of the float (the number of shares available for trading by the public). This marks a -17.30% decrease in short interest from the previous month. The short interest ratio (days to cover) is 3.7, indicating that it would take 3.7 days of the average trading volume of 372,385 shares to cover all short positions.

Current Short Interest
1,530,000 shares
Previous Short Interest
1,850,000 shares
Change Vs. Previous Month
-17.30%
Dollar Volume Sold Short
$99.47 million
Short Interest Ratio
3.7 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
18,344,000 shares
Float Size
15,310,000 shares
Short Percent of Float
9.99%
Today's Trading Volume
346,631 shares
Average Trading Volume
372,385 shares
Today's Volume Vs. Average
93%
Short Selling Allegiant Travel?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for Allegiant Travel and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

ALGT Short Interest Over Time

ALGT Days to Cover Over Time

ALGT Percentage of Float Shorted Over Time

Allegiant Travel Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20241,530,000 shares $99.47 million -17.3%10.0%3.7 $65.01
10/15/20241,850,000 shares $109.71 million +8.8%12.1%4.6 $59.30
9/30/20241,700,000 shares $93.60 million -12.8%11.1%4 $55.06
9/15/20241,950,000 shares $81.02 million +2.1%12.8%4.5 $41.55
8/31/20241,910,000 shares $80.37 million +1.6%12.5%4.4 $42.08
8/15/20241,880,000 shares $76.20 million +9.9%12.3%4.2 $40.53
7/31/20241,710,000 shares $95.88 million +7.6%11.2%3.7 $56.07
7/15/20241,590,000 shares $80.37 million +8.2%10.5%3.6 $50.55
6/30/20241,470,000 shares $73.84 million +12.2%9.7%3.6 $50.23
6/15/20241,310,000 shares $67.19 million -22.9%8.7%3.6 $51.29
5/31/20241,700,000 shares $90.44 million +23.2%11.2%5 $53.20
5/15/20241,380,000 shares $76.51 million +24.3%9.1%4.3 $55.44
4/30/20241,110,000 shares $60.56 million +36.9%7.4%3.8 $54.56
4/15/2024810,800 shares $49.26 million +8.6%5.4%3.1 $60.75
3/31/2024746,400 shares $56.14 million -2.5%4.9%2.9 $75.21
3/15/2024765,500 shares $51.76 million +11.2%5.1%3.2 $67.61
2/29/2024688,200 shares $50.09 million -17.6%4.6%2.8 $72.78
2/15/2024834,800 shares $68.59 million -3.3%5.5%3.3 $82.16
1/31/2024863,600 shares $67.71 million +23.6%5.7%3.3 $78.40
1/15/2024698,700 shares $53.18 million -22.5%4.6%2.6 $76.11
12/31/2023901,600 shares $74.48 million +7.0%5.9%3.4 $82.61
12/15/2023842,700 shares $69.31 million +3.5%5.5%3.1 $82.25
11/30/2023814,300 shares $55.77 million -3.4%5.3%3 $68.49
11/15/2023843,200 shares $56.28 million +20.8%5.5%3.2 $66.74
10/31/2023698,300 shares $46.52 million +29.6%4.6%2.8 $66.62
10/15/2023538,800 shares $39.20 million -24.9%3.5%2.2 $72.76
9/30/2023717,700 shares $55.16 million +17.0%4.7%3.1 $76.86
9/15/2023613,300 shares $51.90 million +31.0%4.0%2.8 $84.63
8/31/2023468,100 shares $41.59 million -2.9%3.1%2.2 $88.84
8/15/2023482,300 shares $47.55 million +67.7%3.2%2.3 $98.60
7/31/2023287,600 shares $35.58 million -42.0%1.9%1.4 $123.70
7/15/2023495,700 shares $61.73 million -17.2%3.2%2.5 $124.53
6/30/2023598,600 shares $75.59 million -3.8%3.9%3.1 $126.28
6/15/2023622,300 shares $72.87 million -7.9%4.0%3.1 $117.09
5/31/2023675,600 shares $65.86 million -5.3%4.4%3.4 $97.49
5/15/2023713,300 shares $71.12 million +8.2%4.7%3.7 $99.70
4/30/2023659,500 shares $68.53 million +3.1%4.4%3.3 $103.91
4/15/2023639,900 shares $61.47 million +4.8%4.2%3.2 $96.06
3/31/2023610,500 shares $56.15 million -22.6%4.1%2.9 $91.98
3/15/2023788,900 shares $67.29 million +9.5%5.1%3.6 $85.29
My #1 Pre IPO Trade for 2025 – NAME and TICKER (Ad)

One tiny company... Could quickly become "the next SpaceX." It plans to go public on the NASDAQ. And today you can buy Pre-IPO shares for less than $4.00. Get urgent details inside this free report...

2/28/2023720,600 shares $73.90 million +4.6%4.7%3.3 $102.55
2/15/2023688,800 shares $71.00 million +9.9%4.4%3.1 $103.08
1/31/2023626,900 shares $53.93 million +9.2%4.0%2.7 $86.03
1/15/2023574,100 shares $45.50 million -29.0%3.7%2.5 $79.26
12/30/2022808,700 shares $54.98 million +24.2%5.1%3.3 $67.99
12/15/2022651,100 shares $43.99 million +2.0%4.1%2.5 $67.56
11/30/2022638,300 shares $52.73 million -7.5%4.1%2.5 $82.61
11/15/2022689,900 shares $57.50 million -6.7%4.4%2.6 $83.35
10/31/2022739,400 shares $55.49 million +7.1%4.7%2.8 $75.05
10/15/2022690,400 shares $46.06 million -2.7%4.4%2.6 $66.71
9/30/2022709,800 shares $51.80 million +0.3%4.6%2.9 $72.98
9/15/2022707,400 shares $68.46 million +20.3%4.5%3.1 $96.77
8/31/2022588,100 shares $56.75 million +9.5%3.8%2.5 $96.50
8/15/2022537,000 shares $59.27 million -3.8%3.5%2.2 $110.38
7/31/2022558,400 shares $64.39 million +11.0%3.6%2.3 $115.31
7/15/2022503,000 shares $58.18 million -17.5%3.2%2.1 $115.67
6/30/2022609,400 shares $68.92 million +13.5%3.9%2.5 $113.09
6/15/2022536,800 shares $65.80 million -4.6%4.2%2.1 $122.57
5/31/2022562,700 shares $84.10 million -1.0%3.6%2.3 $149.45
5/15/2022568,400 shares $81.22 million +1.2%3.7%2.4 $142.90
4/30/2022561,700 shares $87.17 million -33.3%3.6%2.4 $155.19
4/15/2022841,800 shares $133.63 million +21.1%5.4%3.7 $158.74
3/31/2022695,200 shares $112.89 million +67.8%4.5%3.1 $162.39
3/15/2022414,300 shares $61.49 million +6.7%2.7%1.9 $148.41
2/28/2022388,400 shares $67.62 million +10.8%2.5%1.7 $174.09
2/15/2022350,700 shares $62.43 million +25.4%2.3%1.6 $178.02
1/31/2022279,700 shares $49.97 million -5.6%1.8%1.4 $178.66
1/15/2022296,400 shares $55.16 million -65.9%1.9%1.6 $186.10
12/31/2021868,500 shares $162.44 million +40.2%5.7%4.8 $187.04
12/15/2021619,400 shares $110.70 million +30.0%4.1%3.6 $178.72
11/30/2021476,500 shares $82.54 million -0.4%3.1%3 $173.22
11/15/2021478,500 shares $90.07 million +2.9%3.1%3.3 $188.23
10/29/2021465,200 shares $81.54 million +9.5%3.0%3.2 $175.27
10/15/2021425,000 shares $80.78 million -59.1%2.8%3 $190.07
9/30/20211,040,000 shares $203.30 million +21.0%6.8%6.6 $195.48
9/15/2021859,400 shares $166.23 million +24.9%5.7%5.1 $193.43
8/31/2021687,900 shares $132.38 million +7.5%4.5%3.7 $192.44
8/13/2021640,100 shares $122.76 million -4.6%4.2%3.4 $191.78
7/30/2021670,600 shares $127.49 million -3.5%4.4%3.4 $190.12
7/15/2021695,200 shares $130.71 million +3.1%4.6%3.2 $188.02
6/30/2021674,300 shares $130.81 million +13.2%4.5%3.3 $194.00
6/15/2021595,700 shares $120.63 million +24.8%4.0%3.2 $202.50
5/28/2021477,400 shares $105.73 million -2.6%3.2%2.6 $221.46
5/14/2021490,300 shares $109.25 million +12.5%3.3%2.7 $222.83
4/30/2021436,000 shares $102.69 million -3.7%3.0%2.5 $235.53
4/15/2021452,700 shares $112.61 million -58.9%3.3%3.1 $248.75
3/31/20211,100,000 shares $272.34 million +74.3%7.9%7.2 $247.58
3/15/2021631,000 shares $160.09 million +21.8%4.6%3.9 $253.71
2/26/2021518,100 shares $128.86 million +18.1%3.7%3.3 $248.71
2/12/2021438,900 shares $94.55 million +2.1%3.2%2.9 $215.43
Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners (Ad)

Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics…

1/29/2021430,100 shares $80.78 million +6.3%3.1%2.7 $187.82
1/15/2021404,700 shares $79.37 million -62.9%3.0%2.6 $196.11
12/31/20201,090,000 shares $202.73 million +80.9%8.1%6.6 $185.99
12/15/2020602,500 shares $103.89 million +16.8%4.5%3.3 $172.43
11/30/2020515,700 shares $91.63 million -0.8%3.8%2.9 $177.69
11/15/2020519,900 shares $80.44 million -6.5%3.9%2.7 $154.72
10/30/2020556,300 shares $76.53 million -19.6%4.2%2.9 $137.57
10/15/2020691,600 shares $89.20 million -63.2%5.2%3.4 $128.97
9/30/20201,880,000 shares $225.22 million -4.6%14.2%8.9 $119.80
9/15/20201,970,000 shares $272.79 million +4.2%14.9%9.3 $138.47
8/31/20201,890,000 shares $243.05 million +1.1%14.3%8.1 $128.60
8/14/20201,870,000 shares $221.41 million -1.6%14.2%6.9 $118.40
7/31/20201,900,000 shares $212.86 million -3.6%14.6%5.9 $112.03
7/15/20201,970,000 shares $220.42 million -1.5%15.2%5.8 $111.89
6/30/20202,000,000 shares $223.26 million +9.9%15.4%5.7 $111.63
6/15/20201,820,000 shares $207.92 million +12.4%14.0%5.1 $114.24
5/29/20201,620,000 shares $171.62 million -12.4%12.6%4.3 $105.94
5/15/20201,850,000 shares $137.62 million -2.1%14.4%5.1 $74.39
4/30/20201,890,000 shares $148.33 million +9.3%14.5%6.1 $78.48
4/15/20201,730,000 shares $134.46 million +13.1%13.3%6.1 $77.72
3/31/20201,530,000 shares $106.46 million -23.9%11.8%5.6 $69.58
3/13/20202,009,600 shares $167.46 million -7.8%15.5%5.2 $83.33
2/28/20202,180,000 shares $156.33 million +7.4%16.8%11.3 $71.71
2/14/20202,030,000 shares $257.81 million -6.9%15.7%13 $127.00
1/31/20202,180,000 shares $315.51 million +21.8%16.9%14.3 $144.73
1/15/20201,790,000 shares $293.60 million -4.3%13.8%11.4 $164.02
12/31/20191,870,000 shares $323.51 million +3.3%14.4%13.4 $173.00

ALGT Short Interest - Frequently Asked Questions

What is Allegiant Travel's current short interest?

Short interest is the volume of Allegiant Travel shares that have been sold short but have not yet been closed out or covered. As of October 31st, investors have sold 1,530,000 shares of ALGT short. 9.99% of Allegiant Travel's shares are currently sold short. Learn More on Allegiant Travel's current short interest.

What is a good short interest ratio for Allegiant Travel?

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. ALGT shares currently have a short interest ratio of 4.0. Learn More on Allegiant Travel's short interest ratio.

Which institutional investors are shorting Allegiant Travel?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Allegiant Travel: Jane Street Group LLC, Wolverine Trading LLC, Walleye Trading LLC, Walleye Capital LLC, Wolverine Asset Management 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 Allegiant Travel?

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. 9.99% of Allegiant Travel's floating shares are currently sold short.

Is Allegiant Travel's short interest increasing or decreasing?

Allegiant Travel saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 1,530,000 shares, a drop of 17.3% from the previous total of 1,850,000 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 Allegiant Travel's float size?

Allegiant Travel currently has issued a total of 18,344,000 shares. Some of Allegiant Travel'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. Allegiant Travel currently has a public float of 15,310,000 shares.

How does Allegiant Travel's short interest compare to its competitors?

9.99% of Allegiant Travel's shares are currently sold short. Here is how the short interest of companies in the sector of "transportation" compare to Allegiant Travel: Hawaiian Holdings, Inc. (19.39%), SkyWest, Inc. (2.93%), Copa Holdings, S.A. (4.94%), JetBlue Airways Co. (15.51%), Delta Air Lines, Inc. (4.73%), United Airlines Holdings, Inc. (4.68%), Southwest Airlines Co. (6.63%), Alaska Air Group, Inc. (6.99%), Frontier Group Holdings, Inc. (21.14%), Azul S.A. (1.72%),

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. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short Allegiant Travel stock?

Short selling ALGT is an investing strategy that aims to generate trading profit from Allegiant Travel as its price is falling. ALGT shares are trading up $1.91 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 Allegiant Travel?

A short squeeze for Allegiant Travel 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 ALGT, which in turn drives the price of the stock up even further.

How often is Allegiant Travel's 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 ALGT, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:ALGT) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners