ARC Worldwide Inc Short ratio
What is the Short ratio of ARC Worldwide Inc?
The Short ratio of ARC Group Worldwide Inc is 0.09
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 Industrials sector on NASDAQ compared to ARC Worldwide Inc
Companies with short ratio similar to ARC Worldwide Inc
- Wittering Capital Corp has Short ratio of 0.08
- Dragoneer Growth Opportunities II has Short ratio of 0.08
- Triumph has Short ratio of 0.08
- Goldeneye Resources has Short ratio of 0.08
- Trilogy International Partners has Short ratio of 0.08
- Western Asset Variable Rate Strategic Fund has Short ratio of 0.08
- ARC Worldwide Inc has Short ratio of 0.09
- Stallion Gold Corp has Short ratio of 0.10
- Insurance Acquisition has Short ratio of 0.10
- Whatcom Capital has Short ratio of 0.10
- PLB Capital has Short ratio of 0.10
- Freeform Capital Partners has Short ratio of 0.10
- Axis Auto Finance has Short ratio of 0.10