Acacia Communications Inc Short % of float
What is the Short % of float of Acacia Communications Inc?
The Short % of float of Acacia Communications Inc is 11.65%
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 Technology sector on NASDAQ compared to Acacia Communications Inc
Companies with short % of float similar to Acacia Communications Inc
- MaxLinear Inc has Short % of float of 11.48%
- Empire State Realty Trust Inc has Short % of float of 11.49%
- U.S. Well Services has Short % of float of 11.49%
- Bumble Class A Common Stock has Short % of float of 11.50%
- Kartoon Studios Inc has Short % of float of 11.59%
- Era has Short % of float of 11.59%
- Acacia Communications Inc has Short % of float of 11.65%
- Tupperware Brands has Short % of float of 11.68%
- Intec Parent Inc has Short % of float of 11.68%
- RealPage has Short % of float of 11.68%
- Victory Capital Inc has Short % of float of 11.69%
- Inari Medical has Short % of float of 11.71%
- Prothena plc has Short % of float of 11.73%