MAV Beauty Brands Short ratio
What is the Short ratio of MAV Beauty Brands?
The Short ratio of MAV Beauty Brands Inc. is 6.64
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 TSX compared to MAV Beauty Brands
What does MAV Beauty Brands do?
MAV Beauty Brands Inc. operates as a personal care company. The company's products include various hair care, body care, and beauty products, such as shampoo, conditioner, hair styling products, treatments, body wash, and body and hand lotion across various collections that each serve personalized consumer need. It sells its products under the Marc Anthony True Professional, Renpure, Cake Beauty, and The Mane Choice brands. MAV Beauty Brands Inc. markets its products through approximately 100 retailers in 25 countries worldwide. The company was formerly known as MAC Topco Holdings Inc. and changed its name to MAV Beauty Brands Inc. in May 2018. MAV Beauty Brands Inc. was incorporated in 1995 and is headquartered in Vaughan, Canada.
Companies with short ratio similar to MAV Beauty Brands
- Intrusion has Short ratio of 6.62
- PCB Bancorp has Short ratio of 6.62
- Genesis L.P has Short ratio of 6.63
- Malibu Boats Inc has Short ratio of 6.63
- Oi S.A has Short ratio of 6.63
- Seabridge Gold has Short ratio of 6.63
- MAV Beauty Brands has Short ratio of 6.64
- Usana Health Sciences Inc has Short ratio of 6.65
- BigCommerce has Short ratio of 6.65
- Medical Properties Trust Inc has Short ratio of 6.66
- Cogent Biosciences has Short ratio of 6.66
- Kforce has Short ratio of 6.66
- Heico has Short ratio of 6.66