Altice Europe (ALTCY) Short Interest Ratio & Short Volume

Short interest is the volume of Altice Europe shares that have been sold short but have not yet been closed out or covered. As of January 29th, investors have sold 200 shares of ALTCY short. Learn More on Altice Europe'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. ALTCY shares currently have a short interest ratio of 2.0. Learn More on Altice Europe's short interest ratio.

Altice Europe saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 200 shares, an increase of ∞ from the previous total of 0 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 sector of "business services" compare to Altice Europe: Full Truck Alliance Co. Ltd. (4.58%), and

As of the most recent reporting period, the following stocks had the largest short interest positions: GameStop Corp. ($6.96 billion), DuPont de Nemours, Inc. ($5.44 billion), Charter Communications, Inc. ($5.39 billion), Aon plc ($4.87 billion), Analog Devices, Inc. ($4.45 billion), Snap Inc. ($3.29 billion), Moderna, Inc. ($3.19 billion), The Clorox Company ($2.24 billion), Palantir Technologies Inc. ($2.18 billion), and Snowflake Inc. ($2.17 billion). View all of the most shorted stocks.

Short selling ALTCY is an investing strategy that aims to generate trading profit from Altice Europe 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 Altice Europe 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 ALTCY, 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 ALTCY, twice per month. The most recent reporting period available is January, 29 2021.