China XD Plastics Co Ltd Short % of float
What is the Short % of float of China XD Plastics Co Ltd?
The Short % of float of China XD Plastics Co Ltd is 0.22%
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 China XD Plastics Co Ltd
What does China XD Plastics Co Ltd do?
China XD Plastics Company Limited, through its wholly-owned subsidiaries, develops, manufactures and sells polymer composites materials, primarily for automotive applications. The Company's products are used in the exterior and interior trim and in the functional components of 31 automobile brands manufactured in China, including without limitation, Audi, Mercedes Benz, BMW, Toyota, Buick, Chevrolet, Mazda, Volvo, Ford, Citroen, Jinbei and VW Passat, Golf, Jetta, etc. The Company's wholly-owned research center is dedicated to the research and development of polymer composites materials and benefits from its cooperation with well-known scientists from prestigious universities in China. As of September 30, 2020, 644 of the Company's products have been certified for use by one or more of the automobile manufacturers in China.
Companies with short % of float similar to China XD Plastics Co Ltd
- Global Indemnity has Short % of float of 0.21%
- DTF Tax-Free Income 2028 Term Fund Inc has Short % of float of 0.21%
- Putnam Municipal Opportunities Trust has Short % of float of 0.21%
- Gencor Industries has Short % of float of 0.21%
- Nuveen Arizona Quality Municipal Income Fund has Short % of float of 0.21%
- Summer Infant Inc has Short % of float of 0.21%
- China XD Plastics Co Ltd has Short % of float of 0.22%
- Western New England Bancorp Inc has Short % of float of 0.23%
- Deswell Industries has Short % of float of 0.23%
- BioCardia has Short % of float of 0.23%
- Galecto has Short % of float of 0.23%
- Vivakor has Short % of float of 0.23%
- BioCardia has Short % of float of 0.23%