Abiomed Short % of float
What is the Short % of float of Abiomed?
The Short % of float of Abiomed Inc. is 5.58%
What is the definition of Short % of float?
Short percentage of float is the amount of shares being shorted compared to the float expressed as a percentage.
= short interest / float shares
Short percentage of float, or short interest ratio, is calculated by taking the total amount of shares shorted and dividing it by the total amount of shares available for trade. It is an indirect metric of investor sentiment. When short percentage of float is high, above 40%, it implies company investors hope shares will decline in value. The percentage is used by both fundamental and technical traders to identify trends. The short percentage of float can also be calculated for entire exchanges to determine the sentiment of the market as a whole. If it is high of around five or greater for an exchange, this can be taken as a bearish signal, and vice versa.
Short % of float of companies in the Health Care sector on NASDAQ compared to Abiomed
What does Abiomed do?
Abiomed Europe GmbH, Aachen / Germany, as affiliate of Abiomed Inc. headquartered in Danvers, Massachusetts, USA, is a leading medical technology company in the field of circulatory support. Its products aim to enable heart recovery by improving blood circulation and/or heart pump function.
Companies with short % of float similar to Abiomed
- Boston Private Inc has Short % of float of 5.54%
- TiVo has Short % of float of 5.56%
- Proofpoint Inc has Short % of float of 5.56%
- Casa Systems Inc has Short % of float of 5.56%
- D.R. Horton has Short % of float of 5.56%
- BrightView Inc has Short % of float of 5.57%
- Abiomed has Short % of float of 5.58%
- CBL& Associates Properties has Short % of float of 5.59%
- Pilgrim`s Pride has Short % of float of 5.59%
- Beacon Roofing Supply Inc has Short % of float of 5.59%
- Owens Corning has Short % of float of 5.60%
- Krystal Biotech Inc has Short % of float of 5.60%
- Accolade has Short % of float of 5.60%