Envirotech Vehicles Inc Short % of float
What is the Short % of float of Envirotech Vehicles Inc?
The Short % of float of Envirotech Vehicles Inc is 1.33%
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 Consumer Discretionary sector on NASDAQ compared to Envirotech Vehicles Inc
Companies with short % of float similar to Envirotech Vehicles Inc
- Idera Pharmaceuticals has Short % of float of 1.32%
- RB Global Inc has Short % of float of 1.32%
- Cintas has Short % of float of 1.32%
- Super (SGHC) has Short % of float of 1.32%
- Parker Drilling has Short % of float of 1.32%
- Parker Drilling Co has Short % of float of 1.32%
- Envirotech Vehicles Inc has Short % of float of 1.33%
- PHX Minerals Inc has Short % of float of 1.34%
- Centene has Short % of float of 1.34%
- FVCBankcorp has Short % of float of 1.34%
- FVCBankcorp has Short % of float of 1.34%
- FVCBankcorp has Short % of float of 1.34%
- FVCBankcorp has Short % of float of 1.34%