Alger Concentrated Equity ETF (CNEQ) Short Interest Ratio & Short Volume

Short interest is the volume of Alger Concentrated Equity ETF shares that have been sold short but have not yet been closed out or covered. As of July 15th, investors have sold 19,100 shares of CNEQ short. Learn More on Alger Concentrated Equity ETF's 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. CNEQ shares currently have a short interest ratio of 1.0. Learn More on Alger Concentrated Equity ETF's short interest ratio.

Alger Concentrated Equity ETF saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 19,100 shares, a decline of 77.4% from the previous total of 84,600 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 compare to Alger Concentrated Equity ETF: SGI Enhanced Nasdaq-100 ETF (0.24%), The Acquirers Fund (0.17%), Tactical Advantage ETF (0.15%), ProShares S&P 500 EX-Health Care ETF (0.14%), SoFi Social 50 ETF (0.56%), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (0.32%), Global X S&P 500 Risk Managed Income ETF (0.66%), Global X S&P 500 Quality Dividend ETF (1.78%), and FT Vest U.S. Equity Equal Weight Buffer ETF - June (0.02%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Coinbase Global, Inc. ($5.11 billion), Charter Communications, Inc. ($4.76 billion), Reddit Inc. ($2.84 billion), SoFi Technologies, Inc. ($2.79 billion), Seagate Technology Holdings PLC ($2.79 billion), Live Nation Entertainment, Inc. ($2.67 billion), Rocket Lab Corporation ($2.49 billion), AST SpaceMobile, Inc. ($2.12 billion), Moderna, Inc. ($2.09 billion), and Omnicom Group Inc. ($2.04 billion). View all of the most shorted stocks.

Short selling CNEQ is an investing strategy that aims to generate trading profit from Alger Concentrated Equity ETF as its price is falling. CNEQ shares are trading up $0.37 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 Alger Concentrated Equity ETF 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 CNEQ, 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 CNEQ, twice per month. The most recent reporting period available is July, 15 2025.