Beacon Roofing Supply Inc Short % of float
What is the Short % of float of Beacon Roofing Supply Inc?
The Short % of float of Beacon Roofing Supply Inc is 5.59%
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 Materials sector on NASDAQ compared to Beacon Roofing Supply Inc
What does Beacon Roofing Supply Inc do?
beacon roofing supply, inc. is one of the largest distributors of residential and non-residential roofing and complementary building products in north america. the geographic footprint includes 359 locations in 45 states and 6 canadian provinces with more than 4,000 employees. we are known throughout the building supply industry for having quality people, quality service and quality building products. quick facts: - north america's largest publicly traded roofing distributor - 359 locations - stores in 45 us states and 6 canadian provinces - a fortune 1000 company - traded on the nasdaq stock exchange under the symbol becn interested in a career with beacon roofing supply, inc? be sure to stop by the careers section of our corporate website! http://www.beaconroofingsupply.com/careers.html regional brands: - alabama roofing supply - all weather products - beacon roofing supply canada company - beacon sales - best distributing - cassady pierce - coastal metal service
Companies with short % of float similar to Beacon Roofing Supply Inc
- TiVo has Short % of float of 5.56%
- Proofpoint Inc has Short % of float of 5.56%
- Casa Systems Inc has Short % of float of 5.56%
- BrightView Inc has Short % of float of 5.57%
- Abiomed has Short % of float of 5.58%
- REV Inc has Short % of float of 5.58%
- Beacon Roofing Supply Inc has Short % of float of 5.59%
- Owens Corning has Short % of float of 5.60%
- Krystal Biotech Inc has Short % of float of 5.60%
- Accolade has Short % of float of 5.60%
- First Bancorp PR has Short % of float of 5.61%
- Office Properties Income Trust has Short % of float of 5.61%
- HeartBeam Inc has Short % of float of 5.61%