Frontline Plc Short % of float
What is the Short % of float of Frontline Plc?
The Short % of float of Frontline Plc is 12.58%
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 Industrials sector on NYSE compared to Frontline Plc
What does Frontline Plc do?
Frontline Ltd. is the fourth largest oil tanker shipping company, based in Hamilton, Bermuda and controlled by John Fredriksen. Its primary business is transporting crude oil.
Companies with short % of float similar to Frontline Plc
- Torchlight Resources Inc has Short % of float of 12.45%
- Sportsman`s Warehouse Inc has Short % of float of 12.49%
- Nuance Communications Inc has Short % of float of 12.50%
- RLJ Lodging Trust has Short % of float of 12.50%
- Ormat Technologies Inc has Short % of float of 12.51%
- Akero Therapeutics Inc has Short % of float of 12.52%
- Frontline Plc has Short % of float of 12.58%
- Heska has Short % of float of 12.60%
- LiveXLive Media Inc has Short % of float of 12.60%
- Vocera Communication Inc has Short % of float of 12.61%
- BRC has Short % of float of 12.64%
- SoFi Technologies has Short % of float of 12.66%
- Build A Bear Workshop Inc has Short % of float of 12.67%