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Algoma Steel Group (ASTL) Short Interest Ratio & Short Volume

Algoma Steel Group logo
$6.14 -0.08 (-1.29%)
Closing price 03/25/2025 04:00 PM Eastern
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$6.14 0.00 (0.00%)
As of 03/25/2025 04:39 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.

Algoma Steel Group Short Interest Data

Algoma Steel Group (ASTL) has a short interest of 3.60 million shares, representing 3.43% of the float (the number of shares available for trading by the public). This marks a -11.33% decrease in short interest from the previous month. The short interest ratio (days to cover) is 4.6, indicating that it would take 4.6 days of the average trading volume of 630,912 shares to cover all short positions.

Current Short Interest
3,600,000 shares
Previous Short Interest
4,060,000 shares
Change Vs. Previous Month
-11.33%
Dollar Volume Sold Short
$26.42 million
Short Interest Ratio
4.6 Days to Cover
Last Record Date
February 28, 2025
Outstanding Shares
104,884,000 shares
Short Percent of Float
3.43%
Today's Trading Volume
478,504 shares
Average Trading Volume
630,912 shares
Today's Volume Vs. Average
76%
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ASTL Short Interest Over Time

ASTL Days to Cover Over Time

ASTL Percentage of Float Shorted Over Time

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Algoma Steel Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/28/20253,600,000 shares $26.42 million -11.3%3.4%4.6 $7.34
2/15/20254,060,000 shares $32.44 million +6.6%3.9%6.7 $7.99
1/31/20253,810,000 shares $31.09 million -1.6%N/A6.5 $8.16
1/15/20253,870,000 shares $32.51 million -7.6%N/A6.5 $8.40
12/31/20244,190,000 shares $40.98 million -0.5%N/A7.3 $9.78
12/15/20244,210,000 shares $42.44 million -7.1%N/A7.9 $10.08
11/30/20244,530,000 shares $48.79 million -4.6%N/A8.2 $10.77
11/15/20244,750,000 shares $51.49 million +8.9%N/A7.6 $10.84
10/31/20244,360,000 shares $45.13 million +6.3%N/A6.5 $10.35
10/15/20244,100,000 shares $40.30 million +5.9%N/A6.2 $9.83
9/30/20243,870,000 shares $39.59 million +2.9%N/A5.5 $10.23
9/15/20243,760,000 shares $38.69 million No ChangeN/A5.4 $10.29
8/31/20243,760,000 shares $39.82 million +14.6%N/A5.7 $10.59
8/15/20243,280,000 shares $32.64 million +8.3%N/A5.6 $9.95
7/31/20243,030,000 shares $26.82 million -1.9%N/A6.1 $8.85
7/15/20243,090,000 shares $25.83 million +2.7%N/A7.6 $8.36
6/30/20243,010,000 shares $20.95 million +1.7%N/A7.6 $6.96
6/15/20242,960,000 shares $21.28 million -1.0%N/A7.3 $7.19
5/31/20242,990,000 shares $22.90 million -9.1%N/A7.9 $7.66
5/15/20243,290,000 shares $25.46 million -3.8%N/A7 $7.74
4/30/20243,420,000 shares $26.16 million -2.0%N/A6.3 $7.65
4/15/20243,490,000 shares $26.98 million -6.2%N/A6 $7.73
3/31/20243,720,000 shares $31.58 million +4.8%N/A6 $8.49
3/15/20243,550,000 shares $27.58 million -15.1%N/A5.4 $7.77
2/29/20244,180,000 shares $33.82 million +16.1%N/A5.6 $8.09
2/15/20243,600,000 shares $30.49 million +7.1%N/A5.3 $8.47
1/31/20243,360,000 shares $28.02 million -4.8%N/A4.8 $8.34
1/15/20243,530,000 shares $33.43 million +4.1%N/A5.1 $9.47
12/31/20233,390,000 shares $34.00 million +2.1%N/A5.4 $10.03
12/15/20233,320,000 shares $28.92 million -18.6%N/A5.7 $8.71
11/30/20234,080,000 shares $34.35 million +15.3%N/A8.4 $8.42
11/15/20233,540,000 shares $26.55 million -8.5%N/A7.6 $7.50
10/31/20233,870,000 shares $27.13 million -1.8%N/A7.1 $7.01
10/15/20233,940,000 shares $25.96 million -8.8%N/A8 $6.59
9/30/20234,320,000 shares $29.38 million -0.2%N/A8.3 $6.80
9/15/20234,330,000 shares $29.96 million -1.8%N/A7.1 $6.92
8/31/20234,410,000 shares $33.78 million -6.0%N/A6.3 $7.66
8/15/20234,690,000 shares $35.64 million +5.4%N/A6.2 $7.60
7/31/20234,450,000 shares $34.40 million -4.9%N/A6.6 $7.73
7/15/20234,680,000 shares $34.44 million -10.5%N/A6.7 $7.36
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6/30/20235,230,000 shares $37.13 million +8.7%N/A7.6 $7.10
6/15/20234,810,000 shares $37.23 million +4.3%N/A7.2 $7.74
5/31/20234,610,000 shares $31.58 million +26.0%N/A6.2 $6.85
5/15/20233,660,000 shares $26.72 million -32.6%N/A4.1 $7.30
4/30/20235,430,000 shares $40.13 million -4.2%N/A5.2 $7.39
4/15/20235,670,000 shares $43.94 million -5.2%N/A4.9 $7.75
3/31/20235,980,000 shares $48.32 million +3.1%N/A4.6 $8.08
3/15/20235,800,000 shares $44.31 million -10.8%N/A4.1 $7.64
2/28/20236,500,000 shares $52.13 million +8.9%N/A4.9 $8.02
2/15/20235,970,000 shares $49.37 million +10.6%N/A4.8 $8.27
1/31/20235,400,000 shares $45.41 million -4.1%N/A4.5 $8.41
1/15/20235,630,000 shares $35.92 million -4.6%N/A4.9 $6.38
12/30/20225,900,000 shares $37.41 million +3.2%N/A5.2 $6.34
12/15/20225,720,000 shares $33.06 million -1.2%N/A4.8 $5.78
11/30/20225,790,000 shares $38.33 million -2.2%N/A4.8 $6.62
11/15/20225,920,000 shares $39.84 million -1.8%N/A4.7 $6.73
10/31/20226,030,000 shares $41.06 million -10.7%N/A4.4 $6.81
10/15/20226,750,000 shares $43.88 million +12.7%N/A4.2 $6.50
9/30/20225,990,000 shares $38.58 million +82.1%N/A3 $6.44
9/15/20223,290,000 shares $27.97 million -21.5%N/A1.6 $8.50
8/31/20224,190,000 shares $38.21 million -62.9%N/A1.9 $9.12
8/15/202211,280,000 shares $107.16 million +137.5%40.2%5.4 $9.50
7/31/20224,750,000 shares $43.70 million +53.2%17.0%2.4 $9.20
7/15/20223,100,000 shares $28.30 million +27.1%11.1%1.8 $9.13
6/30/20222,440,000 shares $21.91 million -3.2%8.7%1.9 $8.98
6/15/20222,520,000 shares $23.81 million +16.1%9.0%2.1 $9.45
5/31/20222,170,000 shares $20.83 million -26.2%7.8%2.2 $9.60
5/15/20222,940,000 shares $25.93 million +4.3%10.8%2.8 $8.82
4/30/20222,820,000 shares $26.99 million +7.2%10.3%3 $9.57
4/15/20222,630,000 shares $28.46 million -23.1%11.2%2.9 $10.82
3/31/20223,420,000 shares $38.48 million -31.9%14.6%4.2 $11.25
3/15/20225,020,000 shares $52.26 million -12.9%21.4%7.3 $10.41
2/28/20225,760,000 shares $52.42 million +32.1%25.1%9.5 $9.10
2/15/20224,360,000 shares $39.85 million +12.7%19.0%8.2 $9.14
1/31/20223,870,000 shares $34.75 million +21.7%16.5%6.6 $8.98
1/15/20223,180,000 shares $31.86 million +2.6%13.6%5.7 $10.02
12/31/20213,100,000 shares $33.51 million No Change13.2%5.5 $10.81

ASTL Short Interest - Frequently Asked Questions

What is Algoma Steel Group's current short interest?

Short interest is the volume of Algoma Steel Group shares that have been sold short but have not yet been closed out or covered. As of February 28th, investors have sold 3,600,000 shares of ASTL short. 3.43% of Algoma Steel Group's shares are currently sold short. Learn More on Algoma Steel Group's current short interest.

What is a good short interest ratio for Algoma Steel Group?

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. ASTL shares currently have a short interest ratio of 5.0. Learn More on Algoma Steel Group's short interest ratio.

Which institutional investors are shorting Algoma Steel Group?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Algoma Steel Group: Wolverine Trading LLC, SIG North Trading ULC, Group One Trading LLC, Citadel Advisors LLC, Jane Street Group LLC, Susquehanna International Group LLP, Simplex Trading LLC, and Wolverine Asset Management LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Algoma Steel Group?

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. 3.43% of Algoma Steel Group's floating shares are currently sold short.

Is Algoma Steel Group's short interest increasing or decreasing?

Algoma Steel Group saw a decline in short interest in February. As of February 28th, there was short interest totaling 3,600,000 shares, a decline of 11.3% from the previous total of 4,060,000 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.

How does Algoma Steel Group's short interest compare to its competitors?

3.43% of Algoma Steel Group's shares are currently sold short. Here is how the short interest of companies compare to Algoma Steel Group: Companhia Siderúrgica Nacional (0.91%), Constellium SE (1.19%), Worthington Steel, Inc. (3.60%), Steel Partners Holdings L.P. (0.09%), Metallus Inc. (6.45%), Ascent Industries Co. (0.21%), Broadwind, Inc. (1.40%), Asia Pacific Wire & Cable Co. Limited (0.00%), Optical Cable Co. (0.65%), Inno Holdings Inc. (1.03%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($23.74 billion), iShares 20+ Year Treasury Bond ETF ($10.75 billion), MicroStrategy Incorporated ($6.56 billion), Apollo Global Management, Inc. ($5.40 billion), Charter Communications, Inc. ($4.57 billion), AppLovin Co. ($4.45 billion), Capital One Financial Co. ($4.33 billion), Super Micro Computer, Inc. ($4.23 billion), Schlumberger Limited ($3.22 billion), and Royal Caribbean Cruises Ltd. ($3.06 billion). View all of the most shorted stocks.

What does it mean to sell short Algoma Steel Group stock?

Short selling ASTL is an investing strategy that aims to generate trading profit from Algoma Steel Group as its price is falling. ASTL shares are trading down $0.08 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 Algoma Steel Group?

A short squeeze for Algoma Steel Group 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 ASTL, which in turn drives the price of the stock up even further.

How often is Algoma Steel Group'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 ASTL, twice per month. The most recent reporting period available is February, 28 2025.




This page (NASDAQ:ASTL) was last updated on 3/26/2025 by MarketBeat.com Staff
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