Accenture plc Short % of float
What is the Short % of float of Accenture plc?
The Short % of float of Accenture plc is 0.85%
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 NYSE compared to Accenture plc
What does Accenture plc do?
Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology services and consulting. A Fortune Global 500 company, it reported revenues of $61.6 billion in 2022.
Companies with short % of float similar to Accenture plc
- Goodrich Petroleum has Short % of float of 0.84%
- Zoetis Inc has Short % of float of 0.84%
- Agilent Technologies has Short % of float of 0.84%
- Mayville Engineering Inc has Short % of float of 0.84%
- Lilly(Eli) & Co has Short % of float of 0.84%
- State Street has Short % of float of 0.84%
- Accenture plc has Short % of float of 0.85%
- Inozyme Pharma has Short % of float of 0.86%
- Recon Technology Ltd has Short % of float of 0.86%
- Larimar Therapeutics has Short % of float of 0.86%
- Central European Media Enterprises has Short % of float of 0.86%
- Natural Resource Partners LP has Short % of float of 0.86%
- First Northwest Bancorp has Short % of float of 0.86%