Inhibrx Short % of float
What is the Short % of float of Inhibrx?
The Short % of float of Inhibrx, Inc. is 15.63%
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 Health Care sector on NASDAQ compared to Inhibrx
What does Inhibrx do?
Inhibrx, Inc., a clinical-stage biotechnology company, focuses on developing a pipeline of novel biologic therapeutic candidates. The company's therapeutic candidates include INBRX-109, a tetravalent agonist of death receptor 5, which is in Phase 2 clinical trials to treat cancers, such as chondrosarcoma, mesothelioma, and pancreatic adenocarcinoma; INBRX-105, a tetravalent conditional agonist of programmed death-ligand 1 and a conditional agonist of 4-1BB that is in Phase 1 clinical trials to treat patients with locally advanced or metastatic solid tumors; and INBRX-101, an alpha-1 antitrypsin (AAT)-Fc fusion protein therapeutic candidate, which is in Phase 1 clinical trials for use in the treatment of patients with AAT deficiency. It also provides INBRX-106, a hexavalent agonist of OX40 for a range of oncology indications. The company was founded in 2010 and is headquartered in La Jolla, California.
Companies with short % of float similar to Inhibrx
- Qts Realty Trust Inc has Short % of float of 15.51%
- Carnival has Short % of float of 15.57%
- Senseonics Inc has Short % of float of 15.57%
- Clean Diesel Technologies has Short % of float of 15.57%
- Veritone Inc has Short % of float of 15.58%
- Atlas Copco AB has Short % of float of 15.60%
- Inhibrx has Short % of float of 15.63%
- Varex Imaging Corp has Short % of float of 15.65%
- Wingstop Inc has Short % of float of 15.74%
- Sunpower Corp has Short % of float of 15.74%
- Advanced Disposal Services has Short % of float of 15.79%
- Sientra Inc has Short % of float of 15.80%
- W & T Offshore Inc has Short % of float of 15.82%