Cresud Short ratio
What is the Short ratio of Cresud?
The Short ratio of Cresud is 2.56
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 NASDAQ compared to Cresud
What does Cresud do?
Cresud SACIF y A is an agricultural company, producing grains, sugar cane, meat, and milk, as well as focusing on acquisition, development, and exploitation of agricultural properties for rental, shopping centers, and hotels.
Companies with short ratio similar to Cresud
- Capital Senior Living has Short ratio of 2.55
- Gencor Industries has Short ratio of 2.55
- XP Inc has Short ratio of 2.55
- Patriot Battery Metals Inc has Short ratio of 2.55
- NetEase Inc has Short ratio of 2.55
- Amphenol has Short ratio of 2.55
- Cresud has Short ratio of 2.56
- Romios Gold Resources has Short ratio of 2.57
- Harvard Bioscience has Short ratio of 2.57
- Key Tronic has Short ratio of 2.57
- Comcast Corp has Short ratio of 2.57
- Jones Lang Lasalle has Short ratio of 2.57
- Howard Bancorp Inc has Short ratio of 2.57