Short interest in Allegro Microsystems Inc (NASDAQ:ALGM) decreased during the last reporting period, falling from 12.95M to 11.40M. This put 13.49% of the company's publicly available shares short.

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

Based on the recent average volume of 1.66M shares traded per day, it would take 6.88 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.