Allete, Inc. (NYSE:ALE) Short Interest Down 27.4% in August
MarketBeat
Allete, Inc. (NYSE:ALE - Get Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 951,200 shares, a decline of 27.4% from the August 15th total of 1,310,000 shares. Approximately 1.6% of the company's shares are sold short. Based on an average daily trading volume, of 571,300 shares, the short-interest ratio is currently 1.7 days. Based on an average daily trading volume, of 571,300 shares, the short-interest ratio is currently 1.7 days. Approximately 1.6% of the company's shares are sold short.
NYSE:ALE
