Veru Inc Short ratio
What is the Short ratio of Veru Inc?
The Short ratio of Veru Inc is 1.75
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 Health Care sector on NASDAQ compared to Veru Inc
What does Veru Inc do?
the female health company/veru healthcare is a therapeutics company focused on developing and commercializing pharmaceuticals and devices in men’s and women’s health and oncology. to realize this goal, veru healthcare has three divisions: pharmaceutical and devices, consumer health products, and public sector. for men, product and product candidates are in the areas of benign prostatic hyperplasia, male infertility, amelioration of side effects of hormonal prostate cancer therapies, prostate cancer, gout, and sexual dysfunction. women’s health has product candidates for female sexual health and advanced breast and ovarian cancers and markets fc2, a disposable contraceptive device, to ob gyn physicians and is the only female condom approved by fda that offers dual protection against sexually transmitted infections, including hiv/aids and the zika virus, and unintended pregnancy. since the female health company began distributing fc2 in 2007, the product has been shipped to 144 countries
Companies with short ratio similar to Veru Inc
- Khiron Life Sciences has Short ratio of 1.74
- Pro Farm Inc has Short ratio of 1.74
- Brookfield Property Partners L.P has Short ratio of 1.74
- Sempra has Short ratio of 1.74
- Nexus Real Estate Investment Trust has Short ratio of 1.74
- NorthWest Healthcare Properties Real Estate Investment Trust has Short ratio of 1.74
- Veru Inc has Short ratio of 1.75
- Yum Brands has Short ratio of 1.76
- First Defiance has Short ratio of 1.76
- United States Steel has Short ratio of 1.76
- Grindrod Shipping has Short ratio of 1.76
- Emcore has Short ratio of 1.76
- SuperCom Ltd has Short ratio of 1.76