iClick Interactive Asia Ltd Short ratio
What is the Short ratio of iClick Interactive Asia Ltd?
The Short ratio of iClick Interactive Asia Group Ltd is 0.55
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 Industrials sector on NASDAQ compared to iClick Interactive Asia Ltd
What does iClick Interactive Asia Ltd do?
iclick is a leading integrated advertising technology company in china connecting worldwide advertisers with the audience in china. its proprietary programmatic marketing platform (“pmp”) is the first of its kind in china that truly integrates search, display, mobile and social media advertising. the core of iclick’s pmp is supported by tremendous data and advanced technology, which help both international and domestic advertisers precisely reach their targeted customers in china through multi-channel marketing. iclick was established in 2009 and now has seven offices in asia as well as business presence in london and new york with more than 500 employees.
Companies with short ratio similar to iClick Interactive Asia Ltd
- Western Asset Corporate Loan Fund has Short ratio of 0.54
- Sundance has Short ratio of 0.54
- Cymbria has Short ratio of 0.54
- Sotherly Hotels Inc has Short ratio of 0.54
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- Security National has Short ratio of 0.54
- iClick Interactive Asia Ltd has Short ratio of 0.55
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- 119088 has Short ratio of 0.56
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