Forum Merger III Short % of float
What is the Short % of float of Forum Merger III?
The Short % of float of Forum Merger III Corporation is 13.21%
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 Finance sector on NASDAQ compared to Forum Merger III
Companies with short % of float similar to Forum Merger III
- Medley Management Inc has Short % of float of 13.09%
- RAPT Therapeutics has Short % of float of 13.15%
- Adesto Technologies has Short % of float of 13.15%
- dMY Technology has Short % of float of 13.16%
- Hudson Ltd has Short % of float of 13.17%
- Nanostring Technologies Inc has Short % of float of 13.20%
- Forum Merger III has Short % of float of 13.21%
- Core & Main has Short % of float of 13.22%
- Techtarget has Short % of float of 13.23%
- Alpha & Omega Semiconductor Ltd has Short % of float of 13.25%
- Anavex Life Sciences has Short % of float of 13.25%
- Rivian Automotive has Short % of float of 13.26%
- C3.ai Inc has Short % of float of 13.26%