LongFin Corp Short % of float
What is the Short % of float of LongFin Corp?
The Short % of float of LongFin Corp is 44.10%
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 Technology sector on NASDAQ compared to LongFin Corp
What does LongFin Corp do?
Longfin Corp., a finance and technology company, provides various structured trade finance and physical commodities finance solutions for finance houses and trading platforms in North America, South America, and Africa regions. The company was incorporated in 2017 and is based in Manalapan, New Jersey.
Companies with short % of float similar to LongFin Corp
- Intelsat S.A has Short % of float of 40.95%
- Intelsat SA has Short % of float of 40.95%
- Chewy Inc has Short % of float of 41.39%
- Tricida Inc has Short % of float of 41.67%
- Social Capital Hedosophia V has Short % of float of 42.18%
- Diamond Offshore Drilling has Short % of float of 43.14%
- LongFin Corp has Short % of float of 44.10%
- Health Insurance Innovations has Short % of float of 44.72%
- Dillard`s has Short % of float of 45.81%
- Clear Secure has Short % of float of 45.85%
- Beyond Meat Inc has Short % of float of 46.00%
- Microstrategy has Short % of float of 46.08%
- Dean Foods has Short % of float of 46.90%