Short interest in Algoma Steel Group Inc (NASDAQ:ASTL) decreased during the last reporting period, falling from 4.75M to 4.53M. This put 5.86% of the company's publicly available shares short.
Short interest for Algoma Steel Group gives investors a sense of the degree to which investors are betting on the decline of Algoma Steel Group's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 442.64K shares traded per day, it would take 10.23 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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