China Finance Online Co Short ratio
What is the Short ratio of China Finance Online Co?
The Short ratio of China Finance Online Co. Ltd. is 2.67
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 Finance sector on NASDAQ compared to China Finance Online Co
What does China Finance Online Co do?
China Finance Online Co. Limited is a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers. The Company's prominent flagship portal site, www.jrj.com, is ranked among the top financial websites in China. In addition to the web-based securities trading platform, the Company offers basic financial software, information services and securities investment advisory services to retail investors in China. Through its subsidiary, Shenzhen Genius Information Technology Co. Ltd., the Company provides financial database and analytics to institutional customers including domestic financial, research, academic and regulatory institutions. China Finance Online also provides brokerage services in Hong Kong.
Companies with short ratio similar to China Finance Online Co
- Myovant Sciences Ltd has Short ratio of 2.66
- GWG Inc has Short ratio of 2.66
- Warner Bros.Discovery Inc has Short ratio of 2.66
- Rigel Pharmaceuticals has Short ratio of 2.66
- Bluebird bio Inc has Short ratio of 2.66
- Tidewater has Short ratio of 2.66
- China Finance Online Co has Short ratio of 2.67
- United Fire Inc has Short ratio of 2.68
- Protagonist Therapeutics Inc has Short ratio of 2.68
- Workday Inc has Short ratio of 2.68
- Vistra Corp has Short ratio of 2.69
- News Corp has Short ratio of 2.69
- Diana Shipping Inc has Short ratio of 2.69