Grupo Supervielle S.A Short ratio
What is the Short ratio of Grupo Supervielle S.A?
The Short ratio of Grupo Supervielle S.A. is 1.46
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 Finance sector on NYSE compared to Grupo Supervielle S.A
What does Grupo Supervielle S.A do?
grupo supervielle is a group of companies that has been involved in the financial industry in argentina for more than 120 years. we have a distinctive multi-brand business model, providing financial services to all segments in the economy, focused on offering inclusive, high quality and affordable financial products to the entire social pyramid including individuals and corporations. we are proud to have accomplished high growth and a solid profitability in the last 9 years, being one of the few entities to overcome the 2002 argentine financial crisis in a strong position.
Companies with short ratio similar to Grupo Supervielle S.A
- WestRock Co has Short ratio of 1.45
- Peoples has Short ratio of 1.45
- Peoples (Mississippi) has Short ratio of 1.45
- ImmunoPrecise Antibodies has Short ratio of 1.45
- Braskem S.A has Short ratio of 1.45
- Timberland has Short ratio of 1.45
- Grupo Supervielle S.A has Short ratio of 1.46
- Majesco has Short ratio of 1.47
- Mastercard has Short ratio of 1.47
- Falcon Gold has Short ratio of 1.47
- Brixton Metals has Short ratio of 1.47
- Belmont Resources has Short ratio of 1.47
- Applied Materials has Short ratio of 1.47