MercadoLibre Inc Short % of float
What is the Short % of float of MercadoLibre Inc?
The Short % of float of MercadoLibre Inc is 2.03%
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 MercadoLibre Inc
What does MercadoLibre Inc do?
founded in 1999 and headquartered in buenos aires, argentina, mercadolibre is latin america’s leading e-commerce technology company. through its primary platforms, mercadolibre.com and mercadopago.com, it provides solutions to individuals and companies buying, selling, advertising, and paying for goods online. mercadolibre.com serves millions of users and creates a market for a wide variety of goods and services in an easy, safe and efficient way. the site is among the top 50 in the world in terms of page views and is the leading retail platform in unique visitors in each country in which it operates according to metrics provided by comscore networks. mercadolibre maintains a leadership position in 13 latin american countries. the company listed on nasdaq (nasdaq: meli) following its initial public offering in 2007.
Companies with short % of float similar to MercadoLibre Inc
- Universal has Short % of float of 2.01%
- Amcor Plc has Short % of float of 2.02%
- Farmmi Inc has Short % of float of 2.02%
- Endologix has Short % of float of 2.02%
- Western Alliance Bancorp has Short % of float of 2.02%
- Endologix has Short % of float of 2.02%
- MercadoLibre Inc has Short % of float of 2.03%
- MYR Inc has Short % of float of 2.04%
- NL Industries has Short % of float of 2.04%
- BlackBerry has Short % of float of 2.04%
- Kansas City Life Insurance Co has Short % of float of 2.04%
- National Presto Industries has Short % of float of 2.04%
- Target Corp has Short % of float of 2.04%