Ashford Inc Short ratio
What is the Short ratio of Ashford Inc?
The Short ratio of Ashford Inc is 0.45
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 NYSEMKT compared to Ashford Inc
What does Ashford Inc do?
ashford inc. is a publicly traded (nyse mkt: ainc) third-party asset manager and service provider to the hospitality industry with more than $6 billion in assets under management. ashford inc. currently serves as the external manager for ashford hospitality prime (nyse: ahp) and ashford hospitality trust (nyse: aht). ashford hospitality prime invests primarily in high revpar, luxury, upper upscale and upscale hotels in gateway and resort locations. ashford hospitality trust invests opportunistically with a focus on full-service upscale and upper upscale hotels that have a revpar generally less than twice the u.s. national average. ashford hospitality prime and ashford hospitality trust have been public companies since november 2013 and august 2003, respectively.
Companies with short ratio similar to Ashford Inc
- Net Element has Short ratio of 0.44
- CSI Compressco LP has Short ratio of 0.44
- Vanadiumcorp Resource has Short ratio of 0.44
- Nuveen AMT-Free Municipal Value Fund has Short ratio of 0.44
- Valley National Bancorp has Short ratio of 0.44
- MFS High Income Municipal Trust has Short ratio of 0.44
- Ashford Inc has Short ratio of 0.45
- Capitala Finance Corp has Short ratio of 0.46
- Reading International has Short ratio of 0.46
- Baru Gold Corp has Short ratio of 0.46
- Maple Gold Mines has Short ratio of 0.46
- Minco Capital has Short ratio of 0.46
- Mirasol Resources has Short ratio of 0.46