Interpublic Of Cos Short ratio
What is the Short ratio of Interpublic Of Cos?
The Short ratio of Interpublic Group Of Cos., Inc. is 3.10
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 Communication Services sector on NYSE compared to Interpublic Of Cos
What does Interpublic Of Cos do?
interpublic is one of the world’s premier advertising and marketing services companies. our agency brands deliver custom marketing solutions to many of the world’s largest advertisers. we cover the spectrum of marketing disciplines and specialties, from public relations and consumer advertising, to mobile and search engine marketing. our client solutions vary from project-based activity involving one agency and its client to long-term, fully-integrated campaigns created by a group of our companies working together on behalf of a client. with offices in over 100 countries, we can operate in a single region or align work globally across all major world markets. interpublic employs approximately 48,700 marketing professionals. based in new york city, interpublic sets company-wide financial objectives and corporate strategy, directs collaborative inter-agency programs, establishes financial management and operational controls, guides personnel policy, conducts investor relations and in
Companies with short ratio similar to Interpublic Of Cos
- Husky has Short ratio of 3.09
- Stealth BioTherapeutics Corp has Short ratio of 3.09
- Corby Spirit & Wine has Short ratio of 3.09
- Datadog Inc has Short ratio of 3.09
- HighCape Capital Acquisition has Short ratio of 3.09
- CS Disco has Short ratio of 3.09
- Interpublic Of Cos has Short ratio of 3.10
- Ascena Retail has Short ratio of 3.11
- Eagle Materials has Short ratio of 3.11
- Lefteris Acquisition has Short ratio of 3.11
- Lightpath Technologies has Short ratio of 3.11
- Universal Display has Short ratio of 3.11
- Mawson Resources has Short ratio of 3.11