Super Sales India Short % of float
What is the Short % of float of Super Sales India?
The Short % of float of Super Sales India Limited is N/A
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.
What does Super Sales India do?
Super Sales India Limited manufactures and sells yarns in India and internationally. The company operates through three divisions: Agency, Textiles, and Engineering. It sells machinery and equipment, such as blow rooms, cards, draw frames, combers, auto leveler draw frames, speed and ring frames with doffer, compact spinning machines, and autoconers; overhead travelling cleaners, yarn conditioning systems, bobbin transport systems, metal and fire diverters, and automatic cone packing machines; slub and core yarn attachments; motors for spinning machinery and humidification plants; bobbin holders and clearer roller cleaning machines; and specialty lubricants. The company also produces cotton yarns, including hosiery, weaving, and TFO doubled yarns; and weaving, knitting, doubled, core-spun, normal slub/injection slub/multi-count/multi-slub, and industrial yarns. In addition, the company manufactures various spur gears, helical gears, worm & worm wheel gears, timing belt pulleys, bevel gears, sprocket gears, coiler and comber gear box assemblies, and cast nylon gears. The company was formerly known as Super Sales Agencies Limited and changed its name to Super Sales India Limited in 2005. Super Sales India Limited was founded in 1981 and is headquartered in Coimbatore, India.