Sleep Country Canada Short ratio
What is the Short ratio of Sleep Country Canada?
The Short ratio of Sleep Country Canada Holdings, Inc. is 15.27
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 Consumer Discretionary sector on TSX compared to Sleep Country Canada
What does Sleep Country Canada do?
Sleep Country Canada Holdings Inc. engages in retailing mattress and bedding-related products in Canada. The company offers a range of mattresses, adjustable lifestyle bases, pillows, duvets, duvet covers, mattress toppers and protectors, pet beds, weighted blankets, throws, sheets, headboards, footboards, frames, mattress and pillowcases, platforms, metal frames, blankets, mattress pads, and other sleep accessories. The company operates under the Dormez-vous, Sleep Country Canada, and Endy retail banners. As of May 20, 2022, it operated 287 stores. It also sells its products through an e-commerce platform. Sleep Country Canada Holdings Inc. was founded in 1994 and is headquartered in Brampton, Canada.
Companies with short ratio similar to Sleep Country Canada
- Nuvo Pharmaceuticals has Short ratio of 15.12
- AAC has Short ratio of 15.14
- Auston Capital has Short ratio of 15.15
- Petmed Express has Short ratio of 15.18
- Innate Pharma has Short ratio of 15.18
- NN Inc has Short ratio of 15.21
- Sleep Country Canada has Short ratio of 15.27
- Deciphera Pharmaceuticals Inc has Short ratio of 15.29
- Invacare has Short ratio of 15.31
- Qts Realty Trust Inc has Short ratio of 15.32
- Gamestop has Short ratio of 15.42
- Fortuna Silver Mines has Short ratio of 15.42
- Spark Inc has Short ratio of 15.45