Short interest in ALLETE Inc (NYSE:ALE) decreased during the last reporting period, falling from 920.00K to 821.13K. This put 1.9% of the company's publicly available shares short.

Short interest for ALLETE gives investors a sense of the degree to which investors are betting on the decline of ALLETE's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 227.34K shares traded per day, it would take 3.61 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.