CSI Compressco LP Short ratio
What is the Short ratio of CSI Compressco LP?
The Short ratio of CSI Compressco LP is 0.44
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 Energy sector on NASDAQ compared to CSI Compressco LP
What does CSI Compressco LP do?
csi compressco (nasdaq: cclp) is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage. csi compressco’s compression and related services business includes a fleet of over 6,000 compressor packages providing in excess of 1.0 million in aggregate horsepower, utilizing a full spectrum of low-, medium-, and high-horsepower engines. csi compressco also provides well monitoring and automated sand separation services in conjunction with compression services in mexico. csi compressco’s equipment and parts sales business includes the fabrication and sale of standard compressor packages, custom-designed compressor packages, and oilfield fluid pump systems designed and fabricated primarily at our facilities in midland, texas and oklahoma city, oklahoma, as well as the sale of compressor package parts and components manufactured by third-party suppliers. csi compressco’s aftermarket services business provides compre
Companies with short ratio similar to CSI Compressco LP
- Youngevity International Inc has Short ratio of 0.43
- Blueknight Partners LP has Short ratio of 0.43
- Converge Technology Solutions has Short ratio of 0.43
- Motive Capital Corp II has Short ratio of 0.43
- Doubleline Income Solutions Fund has Short ratio of 0.43
- BlackRock Resources & Commodities Strategy Trust has Short ratio of 0.43
- CSI Compressco LP has Short ratio of 0.44
- Anglo Pacific plc has Short ratio of 0.45
- Navigator Ltd has Short ratio of 0.45
- MCI Onehealth Technologies has Short ratio of 0.45
- Organic Garage has Short ratio of 0.45
- Canadian Spirit Resources has Short ratio of 0.45
- Hot Chili has Short ratio of 0.45