Sign in Sign up for free

I-Minerals Short % of float

What is the Short % of float of I-Minerals?

The Short % of float of I-Minerals Inc. is 0.00%

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 Materials sector on TSXV compared to I-Minerals

What does I-Minerals do?

I-Minerals Inc. engages in the exploration, evaluation, and development of mineral properties in the United States. The company develops quartz, potassium feldspar, halloysite, kaolinite, and metakaolin deposits. It holds a 100% interest in the Helmer-Bovill property comprising 11 mineral leases that covers an area of approximately 5,140.64 acres located in northwest of Bovill, Latah County, Idaho. I-Minerals Inc. was incorporated in 1984 and is headquartered in Vancouver, Canada.

Companies with short % of float similar to I-Minerals