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Alta Equipment Group (ALTG) Short Interest Ratio & Short Volume

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$7.91 +0.40 (+5.33%)
(As of 11/22/2024 ET)

Alta Equipment Group Short Interest Data

Alta Equipment Group (ALTG) has a short interest of 2.78 million shares, representing 13.83% of the float (the number of shares available for trading by the public). This marks a -1.07% decrease in short interest from the previous month. The short interest ratio (days to cover) is 8.5, indicating that it would take 8.5 days of the average trading volume of 362,825 shares to cover all short positions.

Current Short Interest
2,780,000 shares
Previous Short Interest
2,810,000 shares
Change Vs. Previous Month
-1.07%
Dollar Volume Sold Short
$18.07 million
Short Interest Ratio
8.5 Days to Cover
Last Record Date
October 31, 2024
Outstanding Shares
33,256,000 shares
Float Size
20,100,000 shares
Short Percent of Float
13.83%
Today's Trading Volume
335,526 shares
Average Trading Volume
362,825 shares
Today's Volume Vs. Average
92%
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ALTG Short Interest Over Time

ALTG Days to Cover Over Time

ALTG Percentage of Float Shorted Over Time

Alta Equipment Group Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20242,780,000 shares $18.07 million -1.1%13.8%8.5 $6.50
10/15/20242,810,000 shares $17.21 million +11.1%14.0%7.8 $6.13
9/30/20242,530,000 shares $17.05 million +6.3%12.6%6.4 $6.74
9/15/20242,380,000 shares $15.40 million -2.9%11.8%5.9 $6.47
8/31/20242,450,000 shares $16.51 million -1.2%12.2%5.5 $6.74
8/15/20242,480,000 shares $15.00 million +19.8%12.3%5.5 $6.05
7/31/20242,070,000 shares $21.76 million -5.9%10.2%4.4 $10.51
7/15/20242,200,000 shares $21.58 million +28.7%10.8%5.4 $9.81
6/30/20241,710,000 shares $13.75 million +8.2%8.3%4.6 $8.04
6/15/20241,580,000 shares $13.51 million +4.6%7.6%4.3 $8.55
5/31/20241,510,000 shares $12.74 million -9.6%7.3%4.1 $8.44
5/15/20241,670,000 shares $14.06 million +3.7%7.3%5.1 $8.42
4/30/20241,610,000 shares $17.88 million -3.6%7.0%4.5 $11.11
4/15/20241,670,000 shares $19.56 million -4.0%7.4%5.1 $11.71
3/31/20241,740,000 shares $22.53 million -5.4%7.7%5.3 $12.95
3/15/20241,840,000 shares $20.31 million +4.6%8.2%5.6 $11.04
2/29/20241,760,000 shares $20.20 million -15.4%7.9%5.8 $11.48
2/15/20242,080,000 shares $24.86 million -4.2%9.3%6.6 $11.95
1/31/20242,170,000 shares $23.24 million +1.4%9.8%6.3 $10.71
1/15/20242,140,000 shares $23.95 million -0.9%9.5%7.4 $11.19
12/31/20232,160,000 shares $26.72 million +20.0%9.6%7.5 $12.37
12/15/20231,800,000 shares $21.96 million +19.2%7.8%6.5 $12.20
11/30/20231,510,000 shares $14.41 million +14.4%6.6%6 $9.54
11/15/20231,320,000 shares $14.51 million +32.1%5.7%5.5 $10.99
10/31/2023999,000 shares $9.18 million +0.5%4.4%4.2 $9.19
10/15/2023993,800 shares $10.86 million +0.6%4.3%3.9 $10.93
9/30/2023987,600 shares $11.91 million +8.5%4.3%3.6 $12.06
9/15/2023910,000 shares $12.10 million -2.3%3.9%3.4 $13.30
8/31/2023931,100 shares $13.25 million -7.8%4.0%3.4 $14.23
8/15/20231,010,000 shares $14.57 million +28.4%4.3%3.7 $14.43
7/31/2023786,500 shares $12.72 million -16.6%3.4%3.2 $16.17
7/15/2023943,300 shares $15.74 million -0.3%4.0%4.5 $16.69
6/30/2023945,900 shares $16.39 million +1.9%4.1%5 $17.33
6/15/2023928,600 shares $15.50 million +0.8%4.0%4.5 $16.69
5/31/2023921,000 shares $12.53 million +0.8%4.0%3.6 $13.61
5/15/2023913,700 shares $13.96 million +9.2%3.9%3.4 $15.28
4/30/2023836,900 shares $11.83 million -4.0%3.5%3.1 $14.14
4/15/2023872,100 shares $11.88 million +48.6%3.7%3.2 $13.62
3/31/2023586,700 shares $9.30 million +22.0%2.5%2.2 $15.85
3/15/2023481,000 shares $7.76 million +125.2%2.0%2.1 $16.13
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2/28/2023213,600 shares $4.02 million +71.3%0.9%1.4 $18.81
2/15/2023124,700 shares $2.27 million -34.6%0.5%0.9 $18.19
1/31/2023190,600 shares $3.23 million -25.5%0.8%1.8 $16.95
1/15/2023255,800 shares $4.06 million -2.7%1.1%3.2 $15.89
12/30/2022262,900 shares $3.47 million +44.9%1.1%3.6 $13.19
12/15/2022181,500 shares $2.28 million +12.8%0.8%2.7 $12.57
11/30/2022160,900 shares $1.94 million -10.4%0.7%2.3 $12.04
11/15/2022179,500 shares $2.25 million -20.3%0.8%2.3 $12.54
10/31/2022225,300 shares $2.76 million -18.2%1.0%2.8 $12.23
10/15/2022275,400 shares $3.02 million -6.8%1.2%3.4 $10.98
9/30/2022295,400 shares $3.25 million -7.7%1.3%3.9 $11.01
9/15/2022320,100 shares $4.05 million +43.9%1.4%3.9 $12.64
8/31/2022222,400 shares $2.62 million -12.2%0.9%3 $11.77
8/15/2022253,200 shares $3.40 million -1.9%1.1%3.6 $13.41
7/31/2022258,100 shares $2.90 million -16.6%1.1%3.4 $11.24
7/15/2022309,400 shares $3.10 million -6.1%1.3%3.6 $10.03
6/30/2022329,500 shares $2.96 million +13.9%1.4%3.8 $8.97
6/15/2022289,400 shares $2.94 million +13.8%1.2%3.1 $10.17
5/31/2022254,300 shares $2.74 million +5.4%1.0%2.9 $10.77
5/15/2022241,300 shares $2.50 million +1.1%1.0%2.7 $10.34
4/30/2022238,700 shares $2.69 million -17.0%1.0%2.9 $11.25
4/15/2022287,600 shares $3.38 million +5.0%1.2%3.8 $11.75
3/31/2022273,900 shares $3.39 million -22.4%1.1%3.7 $12.36
3/15/2022353,100 shares $4.20 million +56.7%1.4%5.5 $11.89
2/28/2022225,300 shares $2.84 million +0.4%0.9%3.3 $12.61
2/15/2022224,400 shares $2.93 million +2.2%0.9%3.5 $13.07
1/31/2022219,600 shares $2.99 million -2.6%0.9%3 $13.63
1/15/2022225,400 shares $3.33 million +11.8%0.9%3 $14.79
12/31/2021201,600 shares $2.95 million +10.2%0.8%2.8 $14.64
12/15/2021182,900 shares $2.50 million -10.2%0.7%2.8 $13.68
11/30/2021203,600 shares $2.97 million +6.3%0.8%3.3 $14.61
11/15/2021191,500 shares $3.17 million -25.5%0.8%3.1 $16.57
10/29/2021257,100 shares $3.71 million +0.8%1.0%4.3 $14.43
10/15/2021255,000 shares $3.46 million -26.0%1.0%5 $13.57
9/30/2021344,600 shares $4.73 million -6.7%1.4%6 $13.73
9/15/2021369,300 shares $4.74 million +0.5%1.5%5.5 $12.84
8/31/2021367,400 shares $4.87 million +22.7%1.5%4.8 $13.26
8/13/2021299,400 shares $3.86 million -1.8%1.2%3.8 $12.88
7/30/2021304,900 shares $3.84 million -23.8%1.2%3.4 $12.59
7/15/2021400,100 shares $5.20 million -6.1%1.6%4.2 $12.99
6/30/2021426,100 shares $5.66 million +5.8%1.7%4 $13.29
6/15/2021402,800 shares $5.57 million +1.6%1.6%3.9 $13.82
5/28/2021396,500 shares $5.81 million -4.9%1.6%3.8 $14.66
5/14/2021417,000 shares $5.38 million +60.5%1.7%3.9 $12.90
4/30/2021259,900 shares $3.41 million -14.3%1.1%2.8 $13.12
4/15/2021303,300 shares $4.06 million -60.6%1.4%3 $13.38
3/31/2021769,300 shares $10.17 million -2.2%3.5%8.7 $13.22
3/15/2021786,900 shares $9.25 million -11.9%3.6%8.3 $11.76
2/26/2021893,500 shares $9.55 million -3.4%4.0%10.8 $10.69
2/12/2021925,100 shares $9.73 million -7.5%4.2%12 $10.52
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1/29/20211,000,000 shares $9.78 million -1.0%4.5%12.5 $9.78
1/15/20211,010,000 shares $10.19 million No Change4.6%13.1 $10.09

ALTG Short Interest - Frequently Asked Questions

What is Alta Equipment Group's current short interest?

Short interest is the volume of Alta Equipment Group shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 2,780,000 shares of ALTG short. 13.83% of Alta Equipment Group's shares are currently sold short. Learn More on Alta Equipment Group's current short interest.

What is a good short interest ratio for Alta Equipment 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. ALTG shares currently have a short interest ratio of 8.0. Learn More on Alta Equipment Group's short interest ratio.

Which institutional investors are shorting Alta Equipment Group?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Alta Equipment Group: Wolverine Trading LLC, and PEAK6 Investments LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Alta Equipment 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. 13.83% of Alta Equipment Group's floating shares are currently sold short.

Is Alta Equipment Group's short interest increasing or decreasing?

Alta Equipment Group saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 2,780,000 shares, a decrease of 1.1% from the previous total of 2,810,000 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.

What is Alta Equipment Group's float size?

Alta Equipment Group currently has issued a total of 33,256,000 shares. Some of Alta Equipment Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Alta Equipment Group currently has a public float of 20,100,000 shares.

How does Alta Equipment Group's short interest compare to its competitors?

13.83% of Alta Equipment Group's shares are currently sold short. Here is how the short interest of companies in the industry of "wholesale" compare to Alta Equipment Group: PetIQ, Inc. (3.70%), Ryerson Holding Co. (3.76%), CrossAmerica Partners LP (0.49%), A-Mark Precious Metals, Inc. (11.95%), Climb Global Solutions, Inc. (1.63%), Ituran Location and Control Ltd. (0.37%), AerSale Co. (10.41%), Hudson Technologies, Inc. (1.86%), G. Willi-Food International Ltd. (0.10%), HF Foods Group Inc. (1.02%),

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 Alta Equipment Group stock?

Short selling ALTG is an investing strategy that aims to generate trading profit from Alta Equipment Group as its price is falling. ALTG shares are trading up $0.40 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 Alta Equipment Group?

A short squeeze for Alta Equipment 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 ALTG, which in turn drives the price of the stock up even further.

How often is Alta Equipment 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 ALTG, twice per month. The most recent reporting period available is October, 31 2024.




This page (NYSE:ALTG) was last updated on 11/23/2024 by MarketBeat.com Staff
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