Pareteum Corp Short % of float
What is the Short % of float of Pareteum Corp?
The Short % of float of Pareteum Corp is 11.10%
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 Communication Services sector on NASDAQ compared to Pareteum Corp
Companies with short % of float similar to Pareteum Corp
- Global Blood Therapeutics has Short % of float of 11.05%
- Mylan NV has Short % of float of 11.05%
- PENN Entertainment Inc has Short % of float of 11.07%
- Delek US Inc has Short % of float of 11.07%
- ChemoCentryx Inc has Short % of float of 11.08%
- Virtusa Corp has Short % of float of 11.09%
- Pareteum Corp has Short % of float of 11.10%
- Madrigal Pharmaceuticals Inc has Short % of float of 11.11%
- Artivion Inc has Short % of float of 11.11%
- Sina has Short % of float of 11.11%
- Mohawk has Short % of float of 11.12%
- Redwood Trust has Short % of float of 11.14%
- Xencor Inc has Short % of float of 11.15%