Apple Inc Short % of float
What is the Short % of float of Apple Inc?
The Short % of float of Apple Inc is 0.68%
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 Consumer Discretionary sector on NASDAQ compared to Apple Inc
What does Apple Inc do?
Apple Inc. is an American multinational technology company headquartered in Cupertino, California. Apple is the worlds largest technology company by revenue, with US$394.3 billion in 2022 revenue. As of March 2023, Apple is the worlds biggest company by market capitalization.
Companies with short % of float similar to Apple Inc
- Western Asset Mortgage Capital Corp has Short % of float of 0.67%
- Perceptron has Short % of float of 0.67%
- Century has Short % of float of 0.67%
- IBEX has Short % of float of 0.67%
- Marchex Inc has Short % of float of 0.67%
- Nanophase Technologies has Short % of float of 0.67%
- Apple Inc has Short % of float of 0.68%
- TE Connectivity Ltd has Short % of float of 0.69%
- Evolution Petroleum has Short % of float of 0.69%
- Northrim has Short % of float of 0.69%
- Atlas has Short % of float of 0.69%
- Atlas has Short % of float of 0.69%
- Applied Therapeutics has Short % of float of 0.69%