Clean Diesel Technologies Short ratio
What is the Short ratio of Clean Diesel Technologies?
The Short ratio of Clean Diesel Technologies, Inc. is 1.38
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 Industrials sector on NASDAQ compared to Clean Diesel Technologies
What does Clean Diesel Technologies do?
CDTi Advanced Materials, Inc. provides technology and solutions to the automotive emissions control markets in the United States, Canada, and Europe. Its catalyst products include synergized- platinum group metal (PGM) diesel oxidation catalysts, zero-PGM catalysts, selective catalytic reduction catalysts, and base-metal activated rhodium support catalysts. The company supplies its coated substrates directly to exhaust systems manufacturers; and catalyst technologies to automakers, heavy duty truck manufacturers, catalyst manufacturers, distributors, integrators, and retrofitters. CDTi Advanced Materials, Inc. was founded in 1996 and is headquartered in Oxnard, California.
Companies with short ratio similar to Clean Diesel Technologies
- Retail Properties of America Inc has Short ratio of 1.37
- Zagg Inc has Short ratio of 1.37
- Houston Wire & Cable has Short ratio of 1.37
- Hemisphere Media Inc has Short ratio of 1.37
- Baudax Bio Inc has Short ratio of 1.37
- Yuma has Short ratio of 1.37
- Clean Diesel Technologies has Short ratio of 1.38
- Emergent Capital has Short ratio of 1.39
- McCoy Global has Short ratio of 1.39
- DraftKings has Short ratio of 1.39
- Lexagene has Short ratio of 1.39
- Wolfden Resources has Short ratio of 1.39
- EXFO has Short ratio of 1.39