Consolidated Water Co Short ratio
What is the Short ratio of Consolidated Water Co?
The Short ratio of Consolidated Water Co. Ltd. is 0.42
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 Utilities sector on NASDAQ compared to Consolidated Water Co
What does Consolidated Water Co do?
about consolidated water co. ltd. consolidated water co. ltd. develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring supplies of potable water are scarce or nonexistent. consolidated water operates water production and/or distribution facilities in the cayman islands, belize, the british virgin islands, the commonwealth of the bahamas, and bali, indonesia. we have more than 35 years of experience in developing and operating sea water reverse osmosis (swro) plants and water distribution systems. since 1973, consolidated water has grown from a locally owned cayman islands company to an international organization. we currently operate in the following countries: bahamas, belize, bermuda, british virgin islands, indonesia and cayman islands. we have three principal business segments: retail water operations, bulk water operations and engineering & management services. consolidated water’s common stock is listed on t
Companies with short ratio similar to Consolidated Water Co
- I-Minerals has Short ratio of 0.41
- Pluribus Technologies Corp has Short ratio of 0.41
- Winston Capital has Short ratio of 0.41
- Far Peak Acquisition Corp has Short ratio of 0.41
- CynergisTek Inc has Short ratio of 0.41
- National General Corp has Short ratio of 0.41
- Consolidated Water Co has Short ratio of 0.42
- Mastech Digital Inc has Short ratio of 0.43
- First Cobalt has Short ratio of 0.43
- Formula Systems (1985) has Short ratio of 0.43
- Majestic Gold has Short ratio of 0.43
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- High Income Securities Fund has Short ratio of 0.43