Basis Global Technologies Inc Short % of float
What is the Short % of float of Basis Global Technologies Inc?
The Short % of float of Basis Global Technologies Inc is 0.67%
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 Basis Global Technologies Inc
Companies with short % of float similar to Basis Global Technologies Inc
- Trecora Resources has Short % of float of 0.66%
- BG Staffing has Short % of float of 0.66%
- Seachange International has Short % of float of 0.66%
- MDJM has Short % of float of 0.66%
- Quicklogic Corp has Short % of float of 0.66%
- Restaurant Brands International has Short % of float of 0.66%
- Basis Global Technologies Inc has Short % of float of 0.67%
- Adial Pharmaceuticals has Short % of float of 0.68%
- Enzon Pharmaceuticals has Short % of float of 0.68%
- Bridgetown has Short % of float of 0.68%
- Bain Capital Specialty Finance Inc has Short % of float of 0.68%
- Apple Inc has Short % of float of 0.68%
- TE Connectivity Ltd has Short % of float of 0.69%