Alliance Entertainment (ADRA) Short Interest Ratio & Short Volume

Short interest is the volume of Alliance Entertainment shares that have been sold short but have not yet been covered or closed out. As of January 31st, traders have sold 1,000 shares of ADRA short. Learn More on Alliance Entertainment's current short interest.

Here is how the short interest of companies compare to Alliance Entertainment: Global X NASDAQ 100 Risk Managed Income ETF (0.54%), AdvisorShares Dorsey Wright Short ETF (0.99%), ProShares Nasdaq-100 Dorsey Wright Momentum ETF (0.31%), Calamos Alternative Nasdaq & Bond ETF (12.60%), SGI Enhanced Nasdaq-100 ETF (0.06%), iShares Large Cap Growth Active ETF (0.05%), and Global X Nasdaq 100 ESG Covered Call ETF (1.30%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Netflix, Inc. ($7.24 billion), Charter Communications, Inc. ($4.67 billion), Microchip Technology Incorporated ($3.34 billion), The Charles Schwab Co. ($2.53 billion), Match Group, Inc. ($2.07 billion), Carvana Co. ($1.86 billion), Omnicom Group Inc. ($1.86 billion), Snap Inc. ($1.75 billion), Zillow Group, Inc. ($1.75 billion), and Tiffany & Co. ($1.73 billion). View all of the most shorted stocks.

Short selling ADRA is an investing strategy that aims to generate trading profit from Alliance Entertainment as its price is falling. 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.

A short squeeze for Alliance Entertainment 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 ADRA, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ADRA, twice per month. The most recent reporting period available is January, 31 2020.