Algoma Steel Group (ASTL) Short Interest Ratio & Short Volume → **Breaking News** LIttle Known Biotech Company Does $41 Million In Q1! (From Huge Alerts) (Ad) Free ASTL Stock Alerts $8.22 +0.27 (+3.40%) (As of 04:00 PM ET) Add Compare Share Share Short InterestStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Algoma Steel Group Short Interest DataCurrent Short Interest3,420,000 sharesPrevious Short Interest3,490,000 sharesChange Vs. Previous Month-2.01%Dollar Volume Sold Short$26.16 millionShort Interest Ratio6.3 Days to CoverLast Record DateApril 30, 2024Outstanding Shares104,120,000 sharesPercentage of Shares Shorted3.28%Today's Trading Volume588,358 sharesAverage Trading Volume553,194 sharesToday's Volume Vs. Average106% 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 Huge Alerts**Breaking News** LIttle Known Biotech Company Does $41 Million In Q1! Learn more about why Zack’s has increased its price target on this company to a whopping $23.25!Click for Zack's full report 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 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 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. 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 $8.02 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 $8.50Warren Buffett's "mystery stock" (Ad)WARNING: Read This Before the Next Fed Meeting Investors are looking to the Fed with high hopes for interest rate relief. Unfortunately, many have no idea there's another major story unfolding right now, one that could be worth $40 trillion. This Wall Street millionaire just stepped forward with all the details, and how it could make some 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 covered or closed out. As of April 30th, investors have sold 3,420,000 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. Which institutional investors are shorting Algoma Steel Group? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Algoma Steel Group: SIG North Trading ULC, and Simplex Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. Is Algoma Steel Group's short interest increasing or decreasing? Algoma Steel Group saw a drop in short interest in April. As of April 30th, there was short interest totaling 3,420,000 shares, a drop of 2.0% from the previous total of 3,490,000 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 in the sector of "basic materials" compare to Algoma Steel Group: Endeavour Silver Corp. (5.83%), Lithium Americas (Argentina) Corp. (7.43%), enCore Energy Corp. (2.28%), Westlake Chemical Partners LP (0.50%), Clearwater Paper Co. (2.73%), Haynes International, Inc. (2.44%), Ryerson Holding Co. (2.52%), DRDGOLD Limited (1.47%), Gatos Silver, Inc. (1.22%), Mercer International Inc. (3.35%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 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 up $0.26 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 increases 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 April, 30 2024. More Short Interest Resources from MarketBeat Related Companies: EXK Short Interest Data LAAC Short Interest Data EU Short Interest Data WLKP Short Interest Data CLW Short Interest Data HAYN Short Interest Data RYI Short Interest Data DRD Short Interest Data GATO Short Interest Data MERC 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 5/20/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss RatingsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldDoes this make you sick?Allegiance GoldThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaThis Apple-like Innovator is Revolutionizing HealthcareWall Street Star**Breaking News** LIttle Known Biotech Company Does $41 Million In Q1! 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