Grayscale Ethereum Mini Trust Short % of float
What is the Short % of float of Grayscale Ethereum Mini Trust?
The Short % of float of Grayscale Ethereum Mini Trust is 7.40%
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 Consumer Discretionary sector on NYSE compared to Grayscale Ethereum Mini Trust
Companies with short % of float similar to Grayscale Ethereum Mini Trust
- Pros Inc has Short % of float of 7.34%
- Perspecta Inc has Short % of float of 7.37%
- Inmode Ltd has Short % of float of 7.38%
- Harbor Custom Development has Short % of float of 7.38%
- Pivotal Investment Corp II has Short % of float of 7.38%
- LSB Industries has Short % of float of 7.38%
- Grayscale Ethereum Mini Trust has Short % of float of 7.40%
- New Fortress has Short % of float of 7.41%
- OptimizeRx has Short % of float of 7.42%
- OptimizeRx has Short % of float of 7.42%
- OptimizeRx has Short % of float of 7.42%
- OptimizeRx has Short % of float of 7.42%
- OptimizeRx Corp has Short % of float of 7.42%