2U Inc Short ratio
What is the Short ratio of 2U Inc?
The Short ratio of 2U Inc is 5.46
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 2U Inc
What does 2U Inc do?
2u partners with leading colleges and universities to deliver the world’s best online degree programs so students everywhere can reach their full potential. our platform, a fusion of cloud-based software-as-a-service technology and technology-enabled services, provides schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support and graduate students globally. blending live face-to-face classes, dynamic course content and real-world learning experiences, 2u’s no back row® approach ensures that every qualified student can experience the highest quality university education for the most successful outcome. to learn more, go to 2u.com. be sure to follow us on twitter (twitter.com/2uinc), instagram (http://instagram.com/2uinc) and facebook (facebook.com/2u).
Companies with short ratio similar to 2U Inc
- Elbit Systems has Short ratio of 5.44
- Vaxcyte has Short ratio of 5.44
- Oragenics Inc has Short ratio of 5.44
- SpartanNash Co has Short ratio of 5.44
- Applied Dna Sciences Inc has Short ratio of 5.44
- Schrodinger has Short ratio of 5.45
- 2U Inc has Short ratio of 5.46
- Brightcove Inc has Short ratio of 5.47
- Cenovus Inc has Short ratio of 5.47
- Cincinnati has Short ratio of 5.47
- United Micro Electronics has Short ratio of 5.47
- New Fortress has Short ratio of 5.47
- Eagle Pharmaceuticals Inc has Short ratio of 5.47