Delta Apparel Short ratio
What is the Short ratio of Delta Apparel?
The Short ratio of Delta Apparel Inc. is 0.81
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 Discretionary sector on NYSEMKT compared to Delta Apparel
What does Delta Apparel do?
delta apparel, inc. is an international design, manufacturing, sourcing and marketing company that features a diverse portfolio of high quality branded and private label activewear apparel and headwear. we specialize in selling a variety of casual and athletic tops and bottoms, embellished and unembellished t-shirts, and licensed and branded clothing and headwear for the ever-changing apparel market. we focus on our broad distribution of apparel products to specialty and boutique stores, upscale and traditional department stores, mid-tier retailers, sporting goods stores, screen printers, and private label accounts. in addition, certain products are sold in college bookstores and to the united states military.
Companies with short ratio similar to Delta Apparel
- Unilever NV has Short ratio of 0.80
- Dunkin Brands Inc has Short ratio of 0.80
- Koninklijke Philips N.V has Short ratio of 0.80
- Brighthouse has Short ratio of 0.80
- Reliv` International has Short ratio of 0.80
- AstraZeneca PLC has Short ratio of 0.80
- Delta Apparel has Short ratio of 0.81
- Atico Mining has Short ratio of 0.82
- resTORbio has Short ratio of 0.82
- Edison Cobalt has Short ratio of 0.82
- Flying Nickel Mining has Short ratio of 0.82
- Sirios Resources has Short ratio of 0.82
- Purepoint Uranium has Short ratio of 0.82