Allena Pharmaceuticals Short Interest Ratio and Short Volume

+0.06 (+5.56 %)
(As of 04/21/2021 12:00 AM ET)
Today's Range
Now: $1.14
50-Day Range
MA: $1.43
52-Week Range
Now: $1.14
Volume320,403 shs
Average Volume2.01 million shs
Market Capitalization$64.91 million
P/E RatioN/A
Dividend YieldN/A

Short Interest

Allena Pharmaceuticals (NASDAQ:ALNA) Short Interest Data

Current Short Volume1,360,000 shares
Previous Short Volume1,030,000 shares
Change Vs. Previous Month+32.04%
Dollar Volume Sold Short$1.67 million
Short Interest Ratio / Days to Cover0.6
Last Record DateMarch, 31 2021
Outstanding Shares23,450,000 shares
Percentage of Shares Shorted2.39%
Today's Trading Volume320,403 shares
Average Trading Volume2,011,515 shares
Today's Volume Vs. Average-84.07%

Short Interest Over Time

Allena Pharmaceuticals (NASDAQ:ALNA) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/20211,360,000 shares $1.67 million +32.0%N/A0.6 $1.23
3/15/20211,030,000 shares $1.47 million +55.1%N/A0.5 $1.43
2/26/2021663,900 shares $989,211.00 -26.4%N/A0.3 $1.49
2/12/2021902,100 shares $1.52 million -33.7%N/A0.4 $1.68
1/29/20211,360,000 shares $2.79 million -7.5%N/A0.6 $2.05
1/15/20211,470,000 shares $2.54 million -2.0%N/A0.8 $1.73
12/31/20201,310,000 shares $1.78 million +10.1%N/A1 $1.36
12/15/20201,310,000 shares $1.77 million +10.1%N/A1 $1.35
11/30/20201,190,000 shares $1.55 million -19.1%N/A0.9 $1.30
11/15/20201,470,000 shares $1.98 million +2.1%N/A1.2 $1.35
10/30/20201,440,000 shares $2.17 million +26.3%N/A1.2 $1.51
10/15/20201,140,000 shares $1.49 million +5.6%N/A0.8 $1.31
9/30/20201,080,000 shares $1.68 million -15.6%N/A0.6 $1.56
9/15/20201,280,000 shares $1.57 million -10.5%N/A1 $1.23
8/31/20201,430,000 shares $1.59 million +31.2%N/A1.1 $1.11
8/14/20201,090,000 shares $1.43 million -5.2%N/A0.7 $1.31
7/31/20201,150,000 shares $1.73 million +55.6%N/A0.8 $1.50
7/15/2020739,100 shares $916,484.00 +42.7%3.4%0.6 $1.24
6/30/2020518,100 shares $854,865.00 +19.1%2.4%0.7 $1.65
6/15/2020435,000 shares $687,300.00 +48.0%2.0%0.7 $1.58
5/29/2020293,900 shares $484,935.00 -12.9%1.6%0.5 $1.65
5/15/2020337,400 shares $566,832.00 +5.0%2.4%1.1 $1.68
4/30/2020321,400 shares $578,520.00 +11.1%2.3%1 $1.80
4/15/2020289,200 shares $569,724.00 -26.5%2.3%0.9 $1.97
3/31/2020393,600 shares $684,864.00 -13.0%3.1%1.4 $1.74

Allena Pharmaceuticals (NASDAQ:ALNA) Short Interest FAQ

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What is Allena Pharmaceuticals' current short interest?

Short interest is the volume of Allena Pharmaceuticals shares that have been sold short but have not yet been covered or closed out. As of March 31st, investors have sold 1,360,000 shares of ALNA short.

What is a good short interest ratio for Allena Pharmaceuticals?

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. Allena Pharmaceuticals currently has a short interest ratio of 1.0.

Is Allena Pharmaceuticals' short interest increasing or decreasing?

Allena Pharmaceuticals saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,360,000 shares, an increase of 32.0% from the previous total of 1,030,000 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 Allena Pharmaceuticals' short interest compare to its competitors?

0.00% of Allena Pharmaceuticals' shares are currently sold short. Here is how the short interest of companies in the industry of "biological products, except diagnostic" compare to Allena Pharmaceuticals: Codiak BioSciences, Inc. (4.76%), CASI Pharmaceuticals, Inc. (2.66%), ADMA Biologics, Inc. (0.00%), INmune Bio, Inc. (7.32%), Genfit SA (0.00%), LogicBio Therapeutics, Inc. (4.66%), Gamida Cell Ltd. (0.00%), Voyager Therapeutics, Inc. (8.91%), Fennec Pharmaceuticals Inc (5.55%), and Applied Genetic Technologies Co. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Allena Pharmaceuticals stock?

Short selling ALNA is an investing strategy that aims to generate trading profit from Allena Pharmaceuticals as its price is falling. Allena Pharmaceuticals' stock is trading up $0.06 today. To short Allena Pharmaceuticals 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 Allena Pharmaceuticals 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 Allena Pharmaceuticals?

A short squeeze for Allena Pharmaceuticals 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 ALNA, which in turn drives the price of the stock up even further.

How often is Allena Pharmaceuticals' 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 ALNA, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/21/2021 by Staff
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