Capstone Turbine Short % of float
What is the Short % of float of Capstone Turbine?
The Short % of float of Capstone Turbine Corp. is 2.90%
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 Industrials sector on NASDAQ compared to Capstone Turbine
Companies with short % of float similar to Capstone Turbine
- Enersys has Short % of float of 2.88%
- Zagg Inc has Short % of float of 2.89%
- Huntsman Corp has Short % of float of 2.89%
- PFSWEB Inc has Short % of float of 2.89%
- Spruce Biosciences has Short % of float of 2.89%
- Vail Resorts has Short % of float of 2.89%
- Capstone Turbine has Short % of float of 2.90%
- Hamilton Beach Brands Co has Short % of float of 2.91%
- Milestone Pharmaceuticals Inc has Short % of float of 2.91%
- Avenue Therapeutics Inc has Short % of float of 2.91%
- W.W. Grainger has Short % of float of 2.91%
- Belden Inc has Short % of float of 2.91%
- Northwest Natural Co has Short % of float of 2.91%