Dover Short ratio
What is the Short ratio of Dover?
The Short ratio of Dover Corp. is 1.49
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 Industrials sector on NYSE compared to Dover
What does Dover do?
dover is a diversified global manufacturer with annual revenues of approximately $7 billion. we deliver innovative equipment and components, specialty systems and support services through four major operating segments: energy, engineered systems, fluids, and refrigeration & food equipment. dover combines global scale with operational agility to lead the markets we serve. recognized for our entrepreneurial approach for 60 years, our team of over 26,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. headquartered in downers grove, illinois, dover trades on the new york stock exchange under “dov.” additional information is available at www.dovercorporation.com.
Companies with short ratio similar to Dover
- Waterloo Brewing has Short ratio of 1.48
- Exelon has Short ratio of 1.48
- Costar has Short ratio of 1.48
- United Continental has Short ratio of 1.48
- United Airlines Inc has Short ratio of 1.48
- Avalon has Short ratio of 1.48
- Dover has Short ratio of 1.49
- Imperial Helium has Short ratio of 1.50
- Aston Bay has Short ratio of 1.50
- Albemarle has Short ratio of 1.50
- Liberty TripAdvisor Inc has Short ratio of 1.50
- Matrix Service Co has Short ratio of 1.50
- Seachange International has Short ratio of 1.50