ASTL Short Volume

Algoma Steel Group Inc. (ASTL) operates in the Basic Materials sector, specifically the Steel industry, with a market capitalization near $524.7M, listed on NASDAQ, employing roughly 2,818 people, carrying a beta of 1.55 to the broader market. Algoma Steel Group Inc. Led by Rajat Marwah, public since 2021-03-04.

Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.

Latest Date
2026-05-15
Short Volume
291.3K
Total Volume
707.5K
Short %
41.17%
30-Day Avg Short %
36.09%

Showing 30 days of FINRA short volume data for Algoma Steel Group Inc..

Learn how short volume is reported and how to read the data →

Frequently asked ASTL short volume questions

What is the daily ASTL short volume?
As of May 15, 2026, Algoma Steel Group Inc. (ASTL) short volume is 291.3K shares against 707.5K total reported volume, or 41.17% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is ASTL short volume reported?
FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
What does ASTL short volume tell options traders?
Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.