Sabine Royalty Trust Short % of float
What is the Short % of float of Sabine Royalty Trust?
The Short % of float of Sabine Royalty Trust is 0.16%
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 Energy sector on NYSE compared to Sabine Royalty Trust
Companies with short % of float similar to Sabine Royalty Trust
- HV Bancorp Inc has Short % of float of 0.15%
- Severn Bancorp Inc has Short % of float of 0.15%
- Oculus VisionTech has Short % of float of 0.15%
- Ribbit LEAP has Short % of float of 0.15%
- Lake Shore has Short % of float of 0.15%
- TRX Gold Corp has Short % of float of 0.15%
- Sabine Royalty Trust has Short % of float of 0.16%
- Lyra Therapeutics has Short % of float of 0.17%
- Avino Silver & Gold Mines has Short % of float of 0.17%
- CPI Card Inc has Short % of float of 0.17%
- Eledon Pharmaceuticals has Short % of float of 0.17%
- Conifer has Short % of float of 0.17%
- Culp has Short % of float of 0.17%