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Ideanomics Inc Short ratio

What is the Short ratio of Ideanomics Inc?

The Short ratio of Ideanomics Inc is 4.10

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 Technology sector on NASDAQ compared to Ideanomics Inc

What does Ideanomics Inc do?

ideanomics, inc. focuses on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. its mobile energy global division provides financial services and incentives for commercial fleet operators, including group purchasing discounts and battery buy-back programs. this division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. the company's ideanomics capital division provides financial services solutions. this division is involved in the areas of capital markets, such as financial products advisory and creation, with specific focus on the application of blockchain and artificial intelligence in financial technology. this division also operates ekar, an exchange traded fund that tracks the innovation labs next generation vehicles index, which comprises of global stocks that have exposure to the theme of electr

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