Vistra Corp Short ratio
What is the Short ratio of Vistra Corp?
The Short ratio of Vistra Corp is 2.69
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 Utilities sector on NYSE compared to Vistra Corp
What does Vistra Corp do?
vistra energy is an integrated retail and generation company, with a strong balance sheet, positive cash flows and a strategy for growth. with a tradition of operational excellence from predecessor companies that go back more than a century and a vision for the future, vistra energy has unique expertise in customer relationships, commodity pricing, and risk management. the retail company serves 1.7 million residential and business customers in texas, backed by nearly 18,000 mw of a balanced generation portfolio in texas, including 2,300 mw fueled by nuclear power, 8,000 mw fueled by coal and 7,500 mw fueled by natural gas, and is a large purchaser of renewable power including wind and solar-generated electricity.
Companies with short ratio similar to Vistra Corp
- China Finance Online Co has Short ratio of 2.67
- Diageo plc has Short ratio of 2.67
- Calamos Dynamic Convertible and Income Fund has Short ratio of 2.67
- Workday Inc has Short ratio of 2.68
- Protagonist Therapeutics Inc has Short ratio of 2.68
- United Fire Inc has Short ratio of 2.68
- Vistra Corp has Short ratio of 2.69
- Alpha Pro Tech has Short ratio of 2.70
- Riverview has Short ratio of 2.70
- Humanigen has Short ratio of 2.70
- Elastic N.V has Short ratio of 2.70
- Riverview has Short ratio of 2.70
- Xtract One Technolgies Inc has Short ratio of 2.70