Algoma Steel Group (ASTL) Short Interest Ratio & Short Volume $10.42 -0.17 (-1.61%) (As of 11/4/2024 ET) Add Compare Share Share Short Interest Stock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Algoma Steel Group Short Interest DataAlgoma Steel Group (ASTL) has a short interest of 4.10 million shares. This marks a 5.94% increase in short interest from the previous month. The short interest ratio (days to cover) is 6.2, indicating that it would take 6.2 days of the average trading volume of 566,017 shares to cover all short positions.Current Short Interest4,100,000 sharesPrevious Short Interest3,870,000 sharesChange Vs. Previous Month+5.94%Dollar Volume Sold Short$40.30 millionShort Interest Ratio6.2 Days to CoverLast Record DateOctober 15, 2024Outstanding Shares104,423,000 sharesPercentage of Shares Shorted3.93%Today's Trading Volume298,677 sharesAverage Trading Volume566,017 sharesToday's Volume Vs. Average53% Short Selling Algoma Steel Group? Sign up to receive the latest short interest report for Algoma Steel Group and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartASTL Short Interest Over TimeASTL Days to Cover Over TimeASTL Percentage of Float Shorted Over Time Ad Timothy SykesTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…Click here to see a unique election-year trade Algoma Steel Group Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 10/15/20244,100,000 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 Get the Latest News and Ratings for ASTL and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Algoma Steel Group and its competitors with MarketBeat's FREE daily newsletter. 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 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 $8.02The Final Frontier (Ad)And a lot of powerful investors would rather this exposé never saw the light of day. 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That’s because it tells the shocking truth about the current AI mania… and why investors in big tech companies like Nvidia, Meta, Alphabet, and Microsoft could be in for a whole world of pain.Here’s the full story for you. 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 October 15th, traders have sold 4,100,000 shares of ASTL 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 6.0. Learn More on Algoma Steel Group's short interest ratio. Is Algoma Steel Group's short interest increasing or decreasing? Algoma Steel Group saw a increase in short interest in October. As of October 15th, there was short interest totaling 4,100,000 shares, an increase of 5.9% from the previous total of 3,870,000 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? Here is how the short interest of companies compare to Algoma Steel Group: Companhia Siderúrgica Nacional (0.44%), Worthington Steel, Inc. (1.19%), Constellium SE (1.87%), Steel Partners Holdings L.P. (0.08%), Metallus Inc. (7.85%), Ascent Industries Co. (0.16%), Inno Holdings Inc. (8.84%), Broadwind, Inc. (0.58%), Asia Pacific Wire & Cable Co. Limited (0.03%), Optical Cable Co. (0.32%), 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 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 $0.11 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 appreciates 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 October, 15 2024. More Short Interest Resources from MarketBeat Related Companies SID Short Interest Data WS Short Interest Data CSTM Short Interest Data SPLP Short Interest Data MTUS Short Interest Data ACNT Short Interest Data INHD Short Interest Data BWEN Short Interest Data APWC Short Interest Data OCC 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:ASTL) was last updated on 11/4/2024 by MarketBeat.com Staff From Our Partners2 sentences that change everything you THOUGHT you knew about tradingIf you're like most people, on Friday morning you'll probably follow your set routine: Wake up... eat breakfas...Investing Daily | SponsoredBill Gates’s Next Big AI Bet: StargateIn February 2016… when almost nobody was talking about artificial intelligence…. 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