ALP Borrow Market in Crisis as Short Interest Hits 68% of Float

[ALP](/s/us/alp) is one of the most heavily shorted small-cap biotech names in the US market right now. Short interest has exploded 367% in a single week to 68% of float. The borrow market has tightened dramatically alongside it.

## The Numbers Tell a Stark Story

Short interest stood at just under 10% of float a week ago. It now sits at **68%** — roughly 4.3 million shares short as of May 13…