Genuine Parts Co Short % of float
What is the Short % of float of Genuine Parts Co?
The Short % of float of Genuine Parts Co. is 2.34%
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 Consumer Discretionary sector on NYSE compared to Genuine Parts Co
What does Genuine Parts Co do?
founded in 1928, genuine parts company (gpc) is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. our products and services are offered though a network of over 1,800 operations, geographically located across the united states, canada and mexico. with over 75 years of distribution expertise, our well-positioned, regionally located distribution centers provide us with the unique ability to adapt our product and service lines to better suit our customers' needs. gpc's commitment and reputation for just-in-time service position us as a critical partner in our customers' success. gpc began to diversify its product lines nearly 30 years ago into several end-markets with strong growth opportunities. although each product is unique, we have leveraged 75 years of distribution know-how to manage these businesses the gpc way - continually improving operating and distribution e
Companies with short % of float similar to Genuine Parts Co
- Brooks Automation has Short % of float of 2.33%
- CTS has Short % of float of 2.33%
- Virtu Inc has Short % of float of 2.33%
- Verrica Pharmaceuticals Inc has Short % of float of 2.33%
- First American Corp has Short % of float of 2.33%
- NeoGames S.A has Short % of float of 2.33%
- Genuine Parts Co has Short % of float of 2.34%
- Greif Inc has Short % of float of 2.34%
- Safety Insurance has Short % of float of 2.35%
- Serve Robotics Inc has Short % of float of 2.35%
- Cummins has Short % of float of 2.35%
- American Oriental Bioengineering has Short % of float of 2.35%
- Kaspien has Short % of float of 2.35%