B Communications Short ratio
What is the Short ratio of B Communications?
The Short ratio of B Communications Ltd. is 0.77
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 Communication Services sector on NASDAQ compared to B Communications
What does B Communications do?
B Communications Ltd. operates as a holding company, which engages in the provision of telecommunications services. It provides telecommunications operations and services, including domestic fixed-line, cellular and international communication services, Internet services, multi-channel television, television and radio broadcasts, satellite broadcasts, customer call centers, maintenance and development of communications infrastructures, provision of communications services to other communications providers and the supply and maintenance of equipment on customer premises, which is referred to as network end point, or NEP services. The company was founded by Shaul Elovitch in 1999 and is headquartered in Ramat-Gan, Israel.
Companies with short ratio similar to B Communications
- Community Corp has Short ratio of 0.76
- Collectors Universe Inc has Short ratio of 0.76
- Putnam Municipal Opportunities Trust has Short ratio of 0.76
- abrdn Global Income Fund Inc has Short ratio of 0.76
- Nexus Gold has Short ratio of 0.76
- Prime Resources Corp has Short ratio of 0.76
- B Communications has Short ratio of 0.77
- Daimler AG has Short ratio of 0.78
- GoldQuest Mining has Short ratio of 0.78
- NTG Clarity Networks has Short ratio of 0.78
- Correvio Pharma has Short ratio of 0.78
- Brookfield Asset Management Re has Short ratio of 0.78
- Amcon Distributing has Short ratio of 0.78