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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
pixel
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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NASDAQ:ALGN

Align Technology Short Interest Ratio and Short Volume

$563.21
-1.90 (-0.34 %)
(As of 03/2/2021 12:00 AM ET)
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Today's Range
$558.00
Now: $563.21
$576.35
50-Day Range
$509.64
MA: $571.66
$620.45
52-Week Range
$127.88
Now: $563.21
$634.46
Volume916,630 shs
Average Volume596,188 shs
Market Capitalization$44.41 billion
P/E Ratio25.62
Dividend YieldN/A
Beta1.68

Short Interest

Align Technology (NASDAQ:ALGN) Short Interest Data

Current Short Volume1,280,000 shares
Previous Short Volume1,300,000 shares
Change Vs. Previous Month:-1.54%
Dollar Volume Sold Short$725.90 million
Short Interest Ratio / Days to Cover2.4
Last Record DateFebruary, 12 2021
Outstanding Shares80,010,000 shares
Float Size73,510,000 shares
Short Percent of Float1.74%
Today's Trading Volume916,630 shares
Average Trading Volume596,188 shares
Today's Volume Vs. Average53.75%

Short Interest Over Time


Align Technology (NASDAQ:ALGN) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
2/12/20211,280,000 shares $725.90 million -1.5%1.7%2.4 $567.11
1/29/20211,300,000 shares $787.51 million -5.1%1.8%2.4 $605.78
1/15/20211,370,000 shares $735.11 million +1.5%1.9%2.3 $536.58
12/31/20201,440,000 shares $802.14 million -13.8%2.0%2 $557.04
12/15/20201,440,000 shares $782.86 million -13.8%2.0%2 $543.65
11/30/20201,670,000 shares $884.97 million -16.1%2.3%2.2 $529.92
11/15/20201,990,000 shares $957.77 million -1.5%2.7%2.6 $481.29
10/30/20202,020,000 shares $923.67 million -22.3%2.8%2.7 $457.26
10/15/20202,600,000 shares $1.18 billion -6.5%3.6%3.6 $455.09
9/30/20202,780,000 shares $919.68 million -14.7%3.8%3.9 $330.82
9/15/20203,260,000 shares $1.04 billion +5.5%4.5%4.4 $317.93
8/31/20203,090,000 shares $1.01 billion -8.6%4.3%3.9 $325.93
8/14/20203,380,000 shares $1.03 billion +4.0%4.7%3.9 $305.43
7/31/20203,250,000 shares $1.01 billion -8.7%4.5%3.4 $309.69
7/15/20203,560,000 shares $1.05 billion -3.0%4.9%3.3 $293.82
6/30/20203,670,000 shares $1.09 billion -3.7%5.1%3.3 $298.14
6/15/20203,810,000 shares $1.05 billion -21.1%5.3%3.1 $274.88
5/29/20204,830,000 shares $1.24 billion -7.3%6.7%3.7 $257.65
5/15/20205,210,000 shares $1.28 billion +3.6%7.2%3.9 $245.62
4/30/20205,030,000 shares $1.26 billion -0.4%7.0%4 $251.41
4/15/20205,050,000 shares $1.08 billion +30.8%7.0%4.2 $214.30
3/31/20203,860,000 shares $741.00 million +8.8%5.4%3.3 $191.97
3/13/20203,548,400 shares $685.52 million -2.8%4.9%3.2 $193.19
2/28/20203,650,000 shares $502.68 million +1.7%5.1%4.4 $137.72
2/14/20203,590,000 shares $819.09 million +2.3%5.0%4.8 $228.16

Align Technology (NASDAQ:ALGN) Short Interest FAQ

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What is Align Technology's current short interest?

Short interest is the volume of Align Technology shares that have been sold short but have not yet been covered or closed out. As of February 12th, investors have sold 1,280,000 shares of ALGN short. 1.74% of Align Technology's shares are currently sold short. View details.

What is a good short interest ratio for Align Technology?

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. Align Technology currently has a short interest ratio of 2.0.

What is a good short interest percentage for Align Technology?

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. 1.74% of Align Technology's floating shares are currently sold short.

Is Align Technology's short interest increasing or decreasing?

Align Technology saw a decrease in short interest in the month of February. As of February 12th, there was short interest totaling 1,280,000 shares, a decrease of 1.5% from the previous total of 1,300,000 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 Align Technology's float size?

Align Technology currently has issued a total of 78,850,000 shares. Some of Align Technology'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. Align Technology currently has a public float of 73,510,000 shares.

How does Align Technology's short interest compare to its competitors?

1.74% of Align Technology's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "health care supplies" compare to Align Technology: West Pharmaceutical Services, Inc. (0.91%), The Cooper Companies, Inc. (1.59%), DENTSPLY SIRONA Inc. (1.33%), Quidel Co. (6.51%), Haemonetics Co. (2.02%), STAAR Surgical (0.00%), Neogen Co. (0.00%), ICU Medical, Inc. (1.48%), Merit Medical Systems, Inc. (5.38%), and Atrion Co. (4.83%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: ViacomCBS Inc. ($6.50 billion), Aon Plc ($5.58 billion), Charter Communications, Inc. ($5.30 billion), Analog Devices, Inc. ($4.97 billion), Snap Inc. ($3.80 billion), Futu Holdings Limited ($2.84 billion), Airbnb, Inc. ($2.40 billion), Discovery, Inc. ($2.35 billion), Snowflake Inc. ($2.07 billion), and The Kroger Co. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Align Technology stock?

Short selling ALGN is an investing strategy that aims to generate trading profit from Align Technology as its price is falling. Align Technology's stock is trading down $1.90 today. To short Align Technology 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 Align Technology 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 Align Technology?

A short squeeze for Align Technology 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 ALGN, which in turn drives the price of the stock up even further.

How often is Align Technology'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 ALGN, twice per month. The most recent reporting period available is February, 12 2021.



This page was last updated on 3/3/2021 by MarketBeat.com Staff

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