ALLETE (ALE) Short Interest Ratio & Short Volume $64.36 -0.18 (-0.28%) (As of 11/20/2024 ET) Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends ALLETE Short Interest DataALLETE (ALE) has a short interest of 821,100 shares. This marks a -10.75% decrease in short interest from the previous month. The short interest ratio (days to cover) is 3.2, indicating that it would take 3.2 days of the average trading volume of 246,888 shares to cover all short positions.Current Short Interest821,100 sharesPrevious Short Interest920,000 sharesChange Vs. Previous Month-10.75%Dollar Volume Sold Short$52.48 millionShort Interest Ratio3.2 Days to CoverLast Record DateOctober 31, 2024Outstanding Shares57,820,000 sharesPercentage of Shares Shorted1.42%Today's Trading Volume274,375 sharesAverage Trading Volume246,888 sharesToday's Volume Vs. Average111% 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 Wyatt Investment ResearchMy #1 Pre IPO Trade for 2025 – NAME and TICKEROne 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...The Next SpaceX Pre-IPO 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 10/31/2024821,100 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 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 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. 7/31/20241,090,000 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 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 $63.272025 AI Stock Picks: 2 Hidden Gems Under $10/Share (Ad)The AI sector continues to make waves as we move into 2025, and now is a prime opportunity to get involved—without stretching your budget! We’ve just uncovered 2 promising AI stocks trading for under $10/share, and they’re positioned for impressive growth in the coming months.👉[Click here to get your FREE report delivered instantly!] 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 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 $67.102025 AI Stock Picks: 2 Hidden Gems Under $10/Share (Ad)The AI sector continues to make waves as we move into 2025, and now is a prime opportunity to get involved—without stretching your budget! We’ve just uncovered 2 promising AI stocks trading for under $10/share, and they’re positioned for impressive growth in the coming months.👉[Click here to get your FREE report delivered instantly!] 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 closed out or covered. As of October 31st, traders have sold 821,100 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 31st, there was short interest totaling 821,100 shares, a decrease of 10.8% from the previous total of 920,000 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. (2.91%), OGE Energy Corp. (1.78%), IDACORP, Inc. (1.24%), Portland General Electric (3.52%), MGE Energy, Inc. (4.74%), Otter Tail Co. (10.47%), Hawaiian Electric Industries, Inc. (4.89%), Array Technologies, Inc. (19.51%), Unitil Co. (1.17%), NextEra Energy, Inc. (1.57%), 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 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 $0.18 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 appreciates 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, 31 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 11/21/2024 by MarketBeat.com Staff From Our PartnersBlackrock’s Sending THIS Crypto Higher on PurposeIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | SponsoredTesla Execs are Freaking OutIt’s so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands...Angel Publishing | SponsoredJD Vance Predicts: Wall Street vs. Trump & Your MoneyTrump's back in the White House, but Wall Street is pissed. 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