Short interest in Allegro Microsystems Inc (NASDAQ:ALGM) increased during the last reporting period, rising from 10.38M to 10.79M. This put 12.76% 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 2.04M shares traded per day, it would take 5.29 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.