Based on the comprehensive data I've gathered, here's your detailed analysis of **ALL** - The Allstate Corporation:

Recent Trend: Short interest has been increasing over the past month. After hovering around 5.6-5.9M shares through early April, short positions jumped significantly on April 10th to 6.6M shares and have remained elevated. This represents roughly a 20% increase in absolute short shares from early April levels.

The SI % of free float increased from around 2.2% in early April to the current 2.66% - a meaningful uptick, though still relatively modest in absolute terms.

Short Positioning Metrics:

• Very low cost to borrow (0.43%) indicates shares are readily available
• Low utilization (2.51%, well below 52-week high of 3.66%) confirms ample borrow availability
• Availability at 3,955% of short interest - exceptionally high, meaning no supply constraints for shorts

Technical & Sentiment

Technical Indicators:

• RSI-14: 58.8 (neutral, slightly bullish)
• ORTEX Short Score: 36.6/100 (below average)

Stock Quality Scores:

• Total Stock Score: 75.37/100 (strong)
• Dividend Yield: 2.05%
• Analyst Return Potential: 10.94% upside

Options Activity

Put/Call Ratio: 1.13 (April 21)

• 20-day average: 1.06
• Z-score: +0.71 (slightly elevated)

The PCR has been trending higher over the past month - it was in the 0.80-0.90 range in late March and has moved above 1.10 in April. This indicates increased put activity relative to calls, suggesting some hedging or bearish sentiment among options traders.

Upcoming Catalysts

Next Earnings: April 29, 2026 at 8:15 PM UTC (Q1 2026 results)

With earnings just one week away, the recent increase in short interest and elevated put/call ratio may reflect positioning ahead of the report.

Key Takeaways

1. Modest short interest at 2.66% of float - not heavily shorted
2. Recent increase in short positions (+20% since early April) warrants attention
3. Abundant borrow availability and low CTB suggest no supply constraints
4. Options market shows slight bearish tilt with PCR above 1.0
5. Strong fundamental scores (75.37 stock score, 11% analyst upside) contrast with recent short buildup
6. Earnings in one week (April 29) could be the catalyst short sellers are positioning for

The data suggests moderate short interest with a recent uptick, potentially related to earnings positioning. The very low borrowing costs and high availability mean shorts face minimal financing pressure. Watch the earnings call next week for potential volatility.

This is not financial advice. Data may contain inaccuracies. Always conduct your own research.