Piedmont Lithium Inc Short % of float
What is the Short % of float of Piedmont Lithium Inc?
The Short % of float of Piedmont Lithium Inc is 12.35%
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 Materials sector on NASDAQ compared to Piedmont Lithium Inc
What does Piedmont Lithium Inc do?
Piedmont Lithium, Inc. is engaged in building a multi-asset, integrated lithium business which provides lithium hydroxide, a critical material, to the electric vehicle and battery manufacturing supply chains in the United States to support the creation of a clean energy economy in North America.
Companies with short % of float similar to Piedmont Lithium Inc
- RH has Short % of float of 12.24%
- RMG Acquisition has Short % of float of 12.24%
- Meredith Corp has Short % of float of 12.25%
- Stable Road Acquisition has Short % of float of 12.27%
- Under Armour Inc has Short % of float of 12.27%
- New York Community Bancorp has Short % of float of 12.30%
- Piedmont Lithium Inc has Short % of float of 12.35%
- Intercept Pharmaceuticals Inc has Short % of float of 12.40%
- Carmax Inc has Short % of float of 12.45%
- Torchlight Resources Inc has Short % of float of 12.45%
- Sportsman`s Warehouse Inc has Short % of float of 12.49%
- RLJ Lodging Trust has Short % of float of 12.50%
- Nuance Communications Inc has Short % of float of 12.50%