PT Aneka Tambang Tbk Short % of float
What is the Short % of float of PT Aneka Tambang Tbk?
The Short % of float of PT Aneka Tambang Tbk is N/A
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.
What does PT Aneka Tambang Tbk do?
PT Aneka Tambang Tbk operates as a diversified mining and metals company in Indonesia. The company operates through three segments: Nickel, Precious Metals and Refinery, and Bauxite and Alumina. It is involved in the exploration, excavation, processing, and marketing of alumia, nickel ore, ferronickel, gold, silver, bauxite, and coal. The company also engages in the construction, trading, industry, agriculture, printing, and ground transportation businesses; manufacture and sale of stainless steel; and provision of industrial area management and heavy equipment rental services. It also exports its products. The company was incorporated in 1968 and is headquartered in Jakarta, Indonesia. PT Aneka Tambang Tbk is a subsidiary of PT Indonesia Asahan Aluminium (Persero).