ALLETE (ALE) Short Interest Ratio & Short Volume $64.37 +0.36 (+0.56%) (As of 11/5/2024 ET) Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends ALLETE Short Interest DataALLETE (ALE) has a short interest of 920,000 shares. This marks a -12.38% decrease in short interest from the previous month. The short interest ratio (days to cover) is 3.3, indicating that it would take 3.3 days of the average trading volume of 356,815 shares to cover all short positions.Current Short Interest920,000 sharesPrevious Short Interest1,050,000 sharesChange Vs. Previous Month-12.38%Dollar Volume Sold Short$59.21 millionShort Interest Ratio3.3 Days to CoverLast Record DateOctober 15, 2024Outstanding Shares57,820,000 sharesPercentage of Shares Shorted1.59%Today's Trading Volume179,145 sharesAverage Trading Volume356,815 sharesToday's Volume Vs. Average50% Short Selling ALLETE? Sign up to receive the latest short interest report for ALLETE and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartALE Short Interest Over TimeALE Days to Cover Over TimeALE Percentage of Float Shorted Over Time Ad Crypto 101 MediaBlackrock’s Sending THIS Crypto Higher on PurposeIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…YES, I WANT THE #1 CRYPTO NOW ALLETE Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 10/15/2024920,000 shares $59.21 million -12.4%N/A3.3 $64.36 9/30/20241,050,000 shares $67.40 million No ChangeN/A3.3 $64.19 9/15/20241,050,000 shares $67.28 million -3.7%N/A2.9 $64.08 8/31/20241,090,000 shares $69.27 million +2.8%N/A2.9 $63.55 8/15/20241,060,000 shares $67.50 million -2.8%N/A2.5 $63.68 7/31/20241,090,000 shares $70.28 million -9.2%N/A2.2 $64.48 Get the Latest News and Ratings for ALE and Related StocksEnter your email address below to receive the latest news and analysts' ratings for ALLETE and its competitors with MarketBeat's FREE daily newsletter. 7/15/20241,200,000 shares $76.14 million +20.8%N/A2.2 $63.45 6/30/2024993,500 shares $61.94 million +1.1%N/A2 $62.35 6/15/2024982,300 shares $61.88 million +2.0%N/A2.1 $63.00 5/31/2024963,500 shares $60.85 million +5.0%N/A2.1 $63.15 5/15/2024917,600 shares $57.95 million -17.3%N/A2.2 $63.15 4/30/20241,110,000 shares $65.75 million -9.8%N/A2.9 $59.23 4/15/20241,230,000 shares $71.07 million -4.7%N/A4.3 $57.78 3/31/20241,290,000 shares $76.94 million -3.0%N/A4.4 $59.64 3/15/20241,330,000 shares $77.55 million +9.0%N/A4.6 $58.31 2/29/20241,220,000 shares $69.10 million +19.6%N/A3.6 $56.64 2/15/20241,020,000 shares $59.86 million -1.0%N/A2.7 $58.69 1/31/20241,030,000 shares $60.88 million +8.6%N/A2.7 $59.11 1/15/2024948,300 shares $57.78 million +3.3%N/A2.5 $60.93 12/31/2023917,800 shares $56.13 million -24.2%N/A2.4 $61.16 12/15/20231,210,000 shares $72.96 million +9.0%N/A2.9 $60.30 11/30/20231,110,000 shares $61.58 million +11.6%N/A2.9 $55.48 11/15/2023994,900 shares $55.33 million +0.3%N/A3 $55.61 10/31/2023991,700 shares $53.10 million +26.2%N/A3 $53.54 10/15/2023785,600 shares $42.27 million -4.8%N/A2.4 $53.81 9/30/2023825,000 shares $43.56 million -1.7%N/A2.6 $52.80 9/15/2023839,400 shares $47.49 million +7.3%N/A3 $56.58 8/31/2023782,100 shares $42.92 million +10.3%N/A2.8 $54.88 8/15/2023709,300 shares $38.98 million +8.9%N/A2.5 $54.95 7/31/2023651,400 shares $37.42 million -3.7%N/A2.4 $57.45 7/15/2023676,500 shares $39.18 million -8.8%N/A2.5 $57.92 6/30/2023741,700 shares $43.00 million -11.0%N/A2.6 $57.97 6/15/2023833,700 shares $50.26 million +12.4%N/A2.9 $60.29 5/31/2023741,700 shares $44.18 million -7.3%N/A2.6 $59.57 5/15/2023800,100 shares $49.21 million -30.4%N/A2.7 $61.51 4/30/20231,150,000 shares $71.74 million -28.1%N/A3.6 $62.38 4/15/20231,600,000 shares $101.42 million +69.8%N/A4.8 $63.39 3/31/2023942,200 shares $60.65 million -5.0%N/A2.8 $64.37 3/15/2023992,000 shares $62.76 million -2.8%N/A3.2 $63.27 2/28/20231,020,000 shares $62.41 million +9.1%N/A3.1 $61.19Has Trump Finally Gone Too Far? (Ad)Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.Register For The Webinar To Discover 2/15/2023934,600 shares $54.81 million +35.5%N/A2.8 $58.65 1/31/2023689,600 shares $42.66 million +6.9%N/A2 $61.86 1/15/2023645,000 shares $42.20 million No ChangeN/A1.8 $65.43 12/30/2022645,000 shares $41.61 million +8.1%N/A1.7 $64.51 12/15/2022596,800 shares $38.14 million -26.4%N/A1.5 $63.90 11/30/2022811,000 shares $53.69 million -13.3%N/A2.2 $66.20 11/15/2022935,300 shares $59.40 million -22.7%N/A2.6 $63.51 10/31/20221,210,000 shares $68.09 million -11.0%N/A3.8 $56.27 10/15/20221,360,000 shares $66.56 million -1.5%N/A4.3 $48.94 9/30/20221,380,000 shares $69.07 million -9.2%N/A4.9 $50.05 9/15/20221,520,000 shares $88.74 million -3.2%N/A5.2 $58.38 8/31/20221,570,000 shares $92.91 million -7.1%N/A5.2 $59.18 8/15/20221,690,000 shares $106.55 million +2.4%N/A5.7 $63.05 7/31/20221,650,000 shares $102.42 million -4.6%N/A5.3 $62.07 7/15/20221,730,000 shares $101.81 million -2.3%N/A5.6 $58.85 6/30/20221,770,000 shares $104.04 million +1.7%3.5%5.4 $58.78 6/15/20221,740,000 shares $100.85 million +8.1%3.4%4.4 $57.96 5/31/20221,610,000 shares $99.85 million +9.5%N/A4.5 $62.02 5/15/20221,470,000 shares $88.77 million +14.8%N/A4 $60.39 4/30/20221,280,000 shares $75.96 million +19.6%N/A3.6 $59.34 4/15/20221,070,000 shares $67.88 million +21.7%N/A3.1 $63.44 3/31/2022879,500 shares $58.91 million -11.8%N/A2.6 $66.98 3/15/2022997,300 shares $66.28 million +4.1%N/A4.1 $66.46 2/28/2022957,900 shares $60.29 million +26.3%N/A3.8 $62.94 2/15/2022758,400 shares $46.22 million +50.4%N/A2.8 $60.94 1/31/2022504,300 shares $32.19 million +36.5%N/A2.1 $63.83 1/15/2022369,500 shares $24.33 million -8.1%N/A1.5 $65.85 12/31/2021401,900 shares $26.67 million -20.1%N/A1.4 $66.35 12/15/2021502,700 shares $32.40 million +12.2%N/A1.7 $64.45 11/30/2021448,200 shares $26.28 million -13.4%N/A1.6 $58.63 11/15/2021517,400 shares $33.38 million +2.5%N/A1.9 $64.51 10/29/2021504,800 shares $31.07 million -21.2%N/A1.9 $61.54 10/15/2021640,400 shares $40.83 million +4.6%1.2%2.5 $63.75 9/30/2021612,000 shares $36.43 million -5.3%1.2%2.9 $59.52 9/15/2021646,400 shares $40.15 million -3.5%1.2%3 $62.11 8/31/2021669,900 shares $45.16 million -0.6%1.3%3.4 $67.42 8/13/2021673,600 shares $47.89 million -3.4%1.3%3.5 $71.10 7/30/2021697,100 shares $49.02 million -14.0%1.3%3.5 $70.32 7/15/2021810,200 shares $57.39 million +5.0%1.6%3.9 $70.84 6/30/2021771,400 shares $53.98 million -7.2%1.5%3.3 $69.98 6/15/2021831,500 shares $58.65 million -8.5%1.6%3.4 $70.53 5/28/2021908,800 shares $62.61 million -2.3%1.8%3.2 $68.89 5/14/2021930,100 shares $65.16 million +0.3%N/A2.9 $70.06 4/30/2021927,600 shares $64.36 million +16.1%N/A2.7 $69.38 4/15/2021798,900 shares $56.05 million -2.9%N/A2.1 $70.16 3/31/2021823,100 shares $55.37 million -7.6%N/A2.1 $67.27 3/15/2021890,900 shares $62.39 million -21.2%N/A2.3 $70.03 2/26/20211,130,000 shares $70.50 million +3.7%N/A3.1 $62.39 2/12/20211,090,000 shares $73.14 million +13.0%N/A3.2 $67.10 1/29/2021965,000 shares $60.25 million -20.3%N/A2.8 $62.44Has Trump Finally Gone Too Far? (Ad)Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.Register For The Webinar To Discover 1/15/20211,210,000 shares $83.49 million No ChangeN/A3.6 $69.00 12/31/20201,210,000 shares $74.29 million +21.1%N/A4.2 $61.40 12/15/2020999,000 shares $58.78 million +28.3%N/A3.5 $58.84 11/30/2020778,500 shares $44.99 million +1.8%N/A2.5 $57.79 11/15/2020764,800 shares $42.65 million +19.7%N/A2.4 $55.76 10/30/2020638,700 shares $33.04 million -15.5%N/A2.1 $51.73 10/15/2020755,600 shares $40.14 million -11.6%N/A2.6 $53.12 9/30/2020854,300 shares $44.20 million +13.2%N/A2.7 $51.74 9/15/2020754,400 shares $38.91 million +19.1%N/A2.2 $51.58 8/31/2020633,700 shares $34.19 million -14.6%N/A2 $53.96 8/14/2020742,200 shares $42.23 million +8.0%N/A2.1 $56.90 7/31/2020687,300 shares $40.76 million -19.8%N/A1.7 $59.30 7/15/2020856,600 shares $50.67 million +39.6%1.7%2.1 $59.15 6/30/2020613,800 shares $33.50 million +9.3%1.2%1.4 $54.58 6/15/2020561,700 shares $32.81 million -22.0%1.1%1.2 $58.41 5/29/2020720,000 shares $41.37 million -18.3%1.4%1.5 $57.46 5/15/2020881,700 shares $43.73 million -5.9%1.7%1.9 $49.60 4/30/2020937,200 shares $53.95 million +7.0%1.8%2.2 $57.56 4/15/2020875,700 shares $53.45 million +5.5%1.7%2.2 $61.04 3/31/2020829,900 shares $47.59 million -23.2%N/A2.3 $57.34 3/13/20201,080,300 shares $66.85 million +49.7%2.1%3.8 $61.88 2/28/2020721,900 shares $37.71 million -0.8%1.4%2.6 $52.24 2/14/2020727,700 shares $54.92 million +8.5%1.4%2.9 $75.47 1/31/2020671,000 shares $51.18 million +10.7%1.3%2.8 $76.27 1/15/2020605,900 shares $49.79 million +5.3%1.2%2.4 $82.17 12/31/2019575,400 shares $48.30 million +14.4%1.1%2.3 $83.95 ALE Short Interest - Frequently Asked Questions What is ALLETE's current short interest? Short interest is the volume of ALLETE shares that have been sold short but have not yet been covered or closed out. As of October 15th, traders have sold 920,000 shares of ALE short. Learn More on ALLETE's current short interest. What is a good short interest ratio for ALLETE? 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. ALE shares currently have a short interest ratio of 3.0. Learn More on ALLETE's short interest ratio. Is ALLETE's short interest increasing or decreasing? ALLETE saw a decrease in short interest in October. As of October 15th, there was short interest totaling 920,000 shares, a decrease of 12.4% from the previous total of 1,050,000 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 ALLETE's short interest compare to its competitors? Here is how the short interest of companies compare to ALLETE: Pinnacle West Capital Co. (2.68%), OGE Energy Corp. (1.87%), IDACORP, Inc. (1.38%), Portland General Electric (3.39%), Otter Tail Co. (11.03%), MGE Energy, Inc. (4.10%), Hawaiian Electric Industries, Inc. (6.95%), Array Technologies, Inc. (21.37%), Unitil Co. (1.21%), NextEra Energy, Inc. (1.36%), 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 ALLETE stock? Short selling ALE is an investing strategy that aims to generate trading profit from ALLETE as its price is falling. ALE shares are trading up $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 ALLETE? A short squeeze for ALLETE 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 ALE, which in turn drives the price of the stock up even further. How often is ALLETE'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 ALE, twice per month. The most recent reporting period available is October, 15 2024. More Short Interest Resources from MarketBeat Related Companies PNW Short Squeeze OGE Short Squeeze IDA Short Squeeze POR Short Squeeze OTTR Short Squeeze MGEE Short Squeeze HE Short Squeeze ARRY Short Squeeze UTL Short Squeeze NEE Short Squeeze Short Interest Tools Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NYSE:ALE) was last updated on 11/5/2024 by MarketBeat.com Staff From Our PartnersBill Gates’s Next Big AI Bet: StargateIn February 2016… when almost nobody was talking about artificial intelligence…. I picked Nvidia as one of ...Brownstone Research | SponsoredBlackrock’s Sending THIS Crypto Higher on PurposeIt's a groundbreaking opportunity that could be poised for extraordinary gains. 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