T2 Biosystems Inc Short % of float
What is the Short % of float of T2 Biosystems Inc?
The Short % of float of T2 Biosystems Inc is 8.81%
What is the definition of Short % of float?
Short percentage of float is the amount of shares being shorted compared to the float expressed as a percentage.
= short interest / float shares
Short percentage of float, or short interest ratio, is calculated by taking the total amount of shares shorted and dividing it by the total amount of shares available for trade. It is an indirect metric of investor sentiment. When short percentage of float is high, above 40%, it implies company investors hope shares will decline in value. The percentage is used by both fundamental and technical traders to identify trends. The short percentage of float can also be calculated for entire exchanges to determine the sentiment of the market as a whole. If it is high of around five or greater for an exchange, this can be taken as a bearish signal, and vice versa.
Short % of float of companies in the Health Care sector on NASDAQ compared to T2 Biosystems Inc
What does T2 Biosystems Inc do?
t2 biosystems is developing innovative diagnostic products to improve patient health. with two fda-cleared products targeting sepsis – the cause of one out of two hospital deaths - and a range of additional products in development, t2 biosystems is an emerging leader in the field of in vitro diagnostics. our initial development efforts target sepsis, hemostasis, bacteria and lyme disease, which are areas of significant unmet medical need. the company is utilizing its proprietary t2 magnetic resonance platform, or t2mr®, to develop a broad set of applications aimed at lowering mortality rates, improving patient outcomes and reducing the cost of healthcare by helping medical professionals make targeted treatment decisions earlier. at t2 biosystems, we know that our passion to advance the medical diagnostic landscape relies on our ability to attract and retain the very best people in the world – and to encourage them to flourish. we invite you to apply for one of our open positions at www
Companies with short % of float similar to T2 Biosystems Inc
- Vonage Corp has Short % of float of 8.77%
- Pure Storage Inc has Short % of float of 8.78%
- Bally's has Short % of float of 8.78%
- Altus Midstream has Short % of float of 8.79%
- Louisiana-Pacific has Short % of float of 8.79%
- Blend Labs has Short % of float of 8.80%
- T2 Biosystems Inc has Short % of float of 8.81%
- Eros International Plc has Short % of float of 8.82%
- SilverBow Resources Inc has Short % of float of 8.82%
- YETI Inc has Short % of float of 8.83%
- Roku Inc has Short % of float of 8.83%
- 4D Molecular Therapeutics has Short % of float of 8.84%
- NeoPhotonics has Short % of float of 8.84%