American National Bankshares Short ratio
What is the Short ratio of American National Bankshares?
The Short ratio of American National Bankshares Inc. is 7.80
What is the definition of Short ratio?
Short ratio is the number of shares sold short divided by the average daily volume.
= short interest / average daily volume
Short ratio is calculated by dividing the number of shares sold short by the average daily trading volume, generally over the last 30 trading days. The ratio represents the number of days it takes short sellers on average to repurchase all the borrowed shares. The ratio is used by both fundamental and technical traders to identify trends.
The percentage represents the number of days it takes short sellers on average to repurchase all the borrowed shares. Short selling is the practice of selling securities or other financial instruments that are not currently owned, and subsequently repurchasing them. In the event of an interim price decline, the short seller profits, since the cost of (re)purchase is less than the proceeds received upon the initial (short) sale. Conversely, the short position closes out at a loss if the price of a shorted instrument rises prior to repurchase. A high short ratio can be an indicator that there will be some buying pressure on the security that would increase its price.
Short ratio of companies in the Finance sector on NASDAQ compared to American National Bankshares
What does American National Bankshares do?
american national bank and trust company is a full-service community bank founded in 1909, in danville, virginia with over 20 full-service locations across virginia and north carolina. for a complete list of our locations, visit https://www.amnb.com/locations.htm. to learn more about who we are, visit https://www.amnb.com/about-us.htm.
Companies with short ratio similar to American National Bankshares
- CMC Materials Inc has Short ratio of 7.78
- Premium Income has Short ratio of 7.78
- M3 Metals has Short ratio of 7.78
- FSD Pharma Inc has Short ratio of 7.78
- Healthcare Services has Short ratio of 7.78
- Lazard has Short ratio of 7.79
- American National Bankshares has Short ratio of 7.80
- Murphy USA Inc has Short ratio of 7.81
- Marchex Inc has Short ratio of 7.81
- CureVac B.V has Short ratio of 7.81
- National Beverage has Short ratio of 7.81
- Shoe Carnival has Short ratio of 7.82
- IHS Markit Ltd has Short ratio of 7.82