180 Life Sciences Short % of float
What is the Short % of float of 180 Life Sciences?
The Short % of float of 180 Life Sciences Corp. is 2.42%
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 Health Care sector on NASDAQ compared to 180 Life Sciences
What does 180 Life Sciences do?
180 Life Sciences Corp., a clinical-stage biotechnology company, engages in the development of novel drugs for unmet medical needs in chronic pain, inflammation, inflammatory diseases, and fibrosis. Its product development platforms in Phase IIb/III clinical trials include Fibrosis and anti-tumour necrosis factor (Anti-TNF) platform, which focuses on fibrosis and Anti-TNF; Synthetic Cannabidiol (CBD) Analogs platform, which are man-made derivatives of CBD; and a7nAChR platform, which focuses on alpha 7 nicotinic acetylcholine receptor. The company was incorporated in 2016 and is headquartered in Palo Alto, California.
Companies with short % of float similar to 180 Life Sciences
- Gladstone Investment has Short % of float of 2.40%
- Barnes & Noble Education Inc has Short % of float of 2.40%
- Ayala Pharmaceuticals has Short % of float of 2.41%
- Fuel Tech Inc has Short % of float of 2.41%
- FB Corp has Short % of float of 2.41%
- Oncorus has Short % of float of 2.41%
- 180 Life Sciences has Short % of float of 2.42%
- International Bancshares has Short % of float of 2.43%
- InVivo Therapeutics Corp has Short % of float of 2.43%
- Lincoln National has Short % of float of 2.43%
- BioHiTech Global Inc has Short % of float of 2.43%
- U-Haul has Short % of float of 2.44%
- Simpson Manufacturing Co has Short % of float of 2.44%