Short interest in Alvotech (NASDAQ:ALVO) increased during the last reporting period, rising from 77.94K to 79.01K. This put 0.07% of the company's publicly available shares short.
Short interest for Alvotech gives investors a sense of the degree to which investors are betting on the decline of Alvotech's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 125.21K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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