Superconductor Technologies Short % of float
What is the Short % of float of Superconductor Technologies?
The Short % of float of Superconductor Technologies Inc. is 8.86%
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 Technology sector on NASDAQ compared to Superconductor Technologies
Companies with short % of float similar to Superconductor Technologies
- Roku Inc has Short % of float of 8.83%
- NeoPhotonics has Short % of float of 8.84%
- 4D Molecular Therapeutics has Short % of float of 8.84%
- Impinj Inc has Short % of float of 8.85%
- Turtle Beach Corp has Short % of float of 8.85%
- Liveperson Inc has Short % of float of 8.85%
- Superconductor Technologies has Short % of float of 8.86%
- Cleveland-Cliffs Inc has Short % of float of 8.87%
- iBio Inc has Short % of float of 8.87%
- Stride Inc has Short % of float of 8.88%
- Alphatec Inc has Short % of float of 8.90%
- Edgewell Personal Care Co has Short % of float of 8.90%
- Opko Health Inc has Short % of float of 8.91%