Rapid7 Inc Short ratio
What is the Short ratio of Rapid7 Inc?
The Short ratio of Rapid7 Inc is 6.46
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 Technology sector on NASDAQ compared to Rapid7 Inc
What does Rapid7 Inc do?
organizations around the globe rely on rapid7 technology, services, and research to securely advance. the visibility, analytics, and automation delivered through our insight cloud simplifies the complex and helps security teams reduce vulnerabilities, monitor for malicious behavior, investigate and shut down attacks, and automate routine tasks.
Companies with short ratio similar to Rapid7 Inc
- Pure Storage Inc has Short ratio of 6.43
- Kimbell Royalty Partners LP has Short ratio of 6.44
- Ballantyne Strong Inc has Short ratio of 6.45
- CCL Industries has Short ratio of 6.45
- EcoSynthetix has Short ratio of 6.45
- Regenxbio Inc has Short ratio of 6.45
- Rapid7 Inc has Short ratio of 6.46
- PAVmed Inc has Short ratio of 6.47
- Carpenter Technology has Short ratio of 6.47
- Lithium Ionic has Short ratio of 6.47
- frontdoor, inc has Short ratio of 6.47
- Dyadic International has Short ratio of 6.48
- Solo Brands has Short ratio of 6.48