Fuelcell Inc Short ratio
What is the Short ratio of Fuelcell Inc?
The Short ratio of Fuelcell Energy Inc is 5.38
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 Utilities sector on NASDAQ compared to Fuelcell Inc
What does Fuelcell Inc do?
fuelcell energy (nasdaq: fcel) delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy. we design, manufacture, undertake project development, install, operate and maintain megawatt-scale fuel cell systems, serving utilities, industrial and large municipal power users with solutions that include both utility-scale and on-site power generation, carbon capture, local hydrogen production for transportation and industry, and long duration energy storage. with suresource installations on three continents and millions of megawatt hours of ultra-clean power produced, fuelcell energy is a global leader with environmentally responsible power solutions. our headquarters are located in danbury, connecticut and north american production is in torrington, connecticut. european markets are served from dresden, germany. asian markets are served via a south korean partner.
Companies with short ratio similar to Fuelcell Inc
- VEREIT Inc has Short ratio of 5.37
- Avnet has Short ratio of 5.37
- Avnet has Short ratio of 5.37
- Utah Medical Products has Short ratio of 5.37
- Fluent Inc has Short ratio of 5.37
- Community Health Systems has Short ratio of 5.37
- Fuelcell Inc has Short ratio of 5.38
- HFX has Short ratio of 5.39
- ICU Medical has Short ratio of 5.40
- Insperity Inc has Short ratio of 5.40
- Hibbett Inc has Short ratio of 5.40
- M Split has Short ratio of 5.40
- Hyatt Hotels has Short ratio of 5.41