Alpine Immune Sciences (ALPN) Short Interest Ratio & Short Volume

Short interest is the volume of Alpine Immune Sciences shares that have been sold short but have not yet been covered or closed out. As of September 15th, traders have sold 2,620,000 shares of ALPN short. Learn More on Alpine Immune Sciences' current short interest.

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. ALPN shares currently have a short interest ratio of 11.0. Learn More on Alpine Immune Sciences's short interest ratio.

Alpine Immune Sciences saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,620,000 shares, an increase of 4.0% from the previous total of 2,520,000 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.

Here is how the short interest of companies in the industry of "pharmaceutical preparations" compare to Alpine Immune Sciences: Enliven Therapeutics, Inc. (23.68%), Centessa Pharmaceuticals plc (2.30%), Phathom Pharmaceuticals, Inc. (10.76%), Tyra Biosciences, Inc. (9.92%), Bicycle Therapeutics plc (15.08%), RAPT Therapeutics, Inc. (11.93%), Genelux Co. (1.21%), Calliditas Therapeutics AB (publ) (0.01%), Kura Oncology, Inc. (9.68%), Avid Bioservices, Inc. (8.38%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Co. ($3.27 billion), Tractor Supply ($2.29 billion), Celsius Holdings, Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling ALPN is an investing strategy that aims to generate trading profit from Alpine Immune Sciences as its price is falling. ALPN shares are trading down $0.08 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.

A short squeeze for Alpine Immune Sciences 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 ALPN, 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 ALPN, twice per month. The most recent reporting period available is September, 15 2023.