GNC Short ratio
What is the Short ratio of GNC?
The Short ratio of GNC Holdings, Inc. is 2.63
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 Consumer Staples sector on NYSE compared to GNC
What does GNC do?
GNC Holdings, Inc. engages in the global retail of health, wellness and performance products, including vitamins, minerals and herbal supplements products, sports nutrition products and diet products. It operates through the following segments: U.S. & Canada, International and Manufacturing or Wholesale. The U.S. and Canada segment generates revenues primarily from sales of products to customers. The International segment generates revenue primarily from its international franchisees through product sales, royalties and franchise fees and also includes its China operations and The Health Store. The Manufacturing or Wholesale segment comprises of its manufacturing operations in South Carolina and its wholesale partner relationships. The company was founded by David Shakarian in 1935 and is headquartered in Pittsburgh, PA.
Companies with short ratio similar to GNC
- ARMOUR Residential REIT Inc has Short ratio of 2.62
- Federal Realty Investment Trust has Short ratio of 2.62
- Bristol-Myers Squibb Co has Short ratio of 2.62
- Keros Therapeutics has Short ratio of 2.62
- PPX Mining has Short ratio of 2.62
- American Vanguard has Short ratio of 2.62
- GNC has Short ratio of 2.63
- Monolithic Power System Inc has Short ratio of 2.64
- Immunovant Inc has Short ratio of 2.64
- Houlihan Lokey Inc has Short ratio of 2.64
- Shopify has Short ratio of 2.64
- Repay has Short ratio of 2.64
- Gaming and Leisure Properties Inc has Short ratio of 2.64