American Water Works Co Short ratio
What is the Short ratio of American Water Works Co?
The Short ratio of American Water Works Co. Inc. is 3.54
What is the definition of Short ratio?
Short ratio is the number of shares sold short divided by the average daily volume.
= short interest / average daily volume
Short ratio is calculated by dividing the number of shares sold short by the average daily trading volume, generally over the last 30 trading days. The ratio represents the number of days it takes short sellers on average to repurchase all the borrowed shares. The ratio is used by both fundamental and technical traders to identify trends.
The percentage represents the number of days it takes short sellers on average to repurchase all the borrowed shares. Short selling is the practice of selling securities or other financial instruments that are not currently owned, and subsequently repurchasing them. In the event of an interim price decline, the short seller profits, since the cost of (re)purchase is less than the proceeds received upon the initial (short) sale. Conversely, the short position closes out at a loss if the price of a shorted instrument rises prior to repurchase. A high short ratio can be an indicator that there will be some buying pressure on the security that would increase its price.
Short ratio of companies in the Utilities sector on NYSE compared to American Water Works Co
What does American Water Works Co do?
founded in 1886, american water is the largest publicly traded u.s. water and wastewater utility company. with headquarters in voorhees, n.j., the company employs more than 6,800 dedicated professionals who provide drinking water, wastewater and other related services to approximately 14 million people in more than 40 states as well as parts of canada. more information can be found at www.amwater.com.
Companies with short ratio similar to American Water Works Co
- Permian Resources Corp has Short ratio of 3.53
- Flux Power has Short ratio of 3.53
- TrueBlue Inc has Short ratio of 3.53
- Flux Power has Short ratio of 3.53
- Flux Power has Short ratio of 3.53
- International Bancshares has Short ratio of 3.53
- American Water Works Co has Short ratio of 3.54
- Idacorp has Short ratio of 3.55
- Ats has Short ratio of 3.55
- TFI International has Short ratio of 3.55
- Cousins Properties has Short ratio of 3.55
- TLG Acquisition One has Short ratio of 3.55
- Howard Hughes has Short ratio of 3.55