ALLETE (ALE) Short Interest Ratio & Short Volume $64.50 -0.10 (-0.15%) (As of 12/20/2024 04:32 PM ET) Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends ALLETE Short Interest DataALLETE (ALE) has a short interest of 997,700 shares. This marks a 20.82% increase in short interest from the previous month. The short interest ratio (days to cover) is 3.9, indicating that it would take 3.9 days of the average trading volume of 290,165 shares to cover all short positions.Current Short Interest997,700 sharesPrevious Short Interest825,800 sharesChange Vs. Previous Month+20.82%Dollar Volume Sold Short$64.73 millionShort Interest Ratio3.9 Days to CoverLast Record DateNovember 30, 2024Outstanding Shares57,820,000 sharesPercentage of Shares Shorted1.73%Today's Trading Volume1,037,225 sharesAverage Trading Volume290,165 sharesToday's Volume Vs. Average357% 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 Behind the MarketsWARNING: “Buffett Indicator” flashing for first time in 50 yearsWarren Buffett has sold a staggering $97 billion worth of stocks this year... But why? Our research indicates the Oracle of Omaha is quietly preparing for a historic market crash. His most reliable crash indicator - the "Buffett indicator" - just flashed red for the first time in 25 years.Take these 4 steps today to protect your retirement 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 11/30/2024997,700 shares $64.73 million +20.8%N/A3.9 $64.88 11/15/2024825,800 shares $53.14 million +0.6%N/A3.3 $64.35 10/31/2024821,100 shares $52.48 million -10.8%N/A3.2 $63.91 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 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. 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 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 Is Starlink Set For The Largest IPO In History? 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For perspective, that turns $100 invested into almost $20,000!Click here now for the urgent details. 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 $61.19 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 Is Starlink Set For The Largest IPO In History? 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For perspective, that turns $100 invested into almost $20,000!Click here now for the urgent details. 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 $62.44 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 November 30th, traders have sold 997,700 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 4.0. Learn More on ALLETE's short interest ratio. Is ALLETE's short interest increasing or decreasing? ALLETE saw a increase in short interest in November. As of November 30th, there was short interest totaling 997,700 shares, an increase of 20.8% from the previous total of 825,800 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. (3.59%), OGE Energy Corp. (1.88%), IDACORP, Inc. (1.75%), Portland General Electric (2.95%), MGE Energy, Inc. (4.46%), Otter Tail Co. (10.92%), Hawaiian Electric Industries, Inc. (6.19%), Unitil Co. (1.27%), Array Technologies, Inc. (14.42%), NextEra Energy, Inc. (1.62%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 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 down $0.10 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 November, 30 2024. More Short Interest Resources from MarketBeat Related Companies PNW Short Squeeze OGE Short Squeeze IDA Short Squeeze POR Short Squeeze MGEE Short Squeeze OTTR Short Squeeze HE Short Squeeze UTL Short Squeeze ARRY 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 12/21/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. 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It’s why Jeff Bezos just sold ...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ALLETE, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share ALLETE With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. 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