Oxford Immunotec Global PLC Short % of float
What is the Short % of float of Oxford Immunotec Global PLC?
The Short % of float of Oxford Immunotec Global PLC is 0.77%
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 Oxford Immunotec Global PLC
Companies with short % of float similar to Oxford Immunotec Global PLC
- BlackRock MuniYield Arizona Fund Inc has Short % of float of 0.76%
- Merck & Co Inc has Short % of float of 0.76%
- Investors Title Co has Short % of float of 0.76%
- Arcos Dorados Inc has Short % of float of 0.76%
- Ark Restaurants has Short % of float of 0.76%
- BlackRock MuniYield Arizona Fund has Short % of float of 0.76%
- Oxford Immunotec Global PLC has Short % of float of 0.77%
- Cumulus Media has Short % of float of 0.78%
- Happiness Development Ltd has Short % of float of 0.78%
- Coca-Cola Co has Short % of float of 0.78%
- Sherwin-Williams Co has Short % of float of 0.78%
- Alta Equipment Inc has Short % of float of 0.78%
- SPI Co Ltd has Short % of float of 0.78%