The Short ratio of Coca-Cola Consolidated Inc is 2.98
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.
coca-cola bottling co. consolidated (ccbcc) is the nation's largest independent coca-cola bottler. ccbcc was started in 1902, when j.b. harrison began selling coca-cola in bottles in greensboro, n.c., launching north carolina's first coca-cola bottling company. ccbcc is still a family-owned and operated business. board chairman j. frank harrison, iii, great-grandson of the company's founder, became ceo in 1997. we make, sell, and distribute more than 250 brands and flavors in a wide variety of package types and sizes in multiple channels. we operate in 14 states, primarily in the southeast, with corporate offices located in charlotte, north carolina. our stock is traded on the nasdaq exchange under the symbol coke. community • environment • stewardship • at coca-cola bottling co. consolidated, our commitment to serve others, pursue excellence, and grow profitably links directly to our overarching purpose: “to honor god in all we do.” we are innovators in the bottling field and ou