First Solar Inc Short ratio
What is the Short ratio of First Solar Inc?
The Short ratio of First Solar Inc is 1.51
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 NASDAQ compared to First Solar Inc
What does First Solar Inc do?
first solar (nasdaq: fslr) is a leading global provider of comprehensive photovoltaic (pv) solar systems which use its advanced thin-film modules. the company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. from raw material sourcing through end-of-life module collection and recycling, first solar’s renewable energy systems protect and enhance the environment. for more information about first solar: - visit us on the web at http://www.firstsolar.com - follow us on twitter at http://www.twitter.com/firstsolar (@firstsolar) - subscribe to our blog at http://www.firstsolar.com/press-center/first-solar-blog - check us out on youtube at http://www.youtube.com/firstsolar
Companies with short ratio similar to First Solar Inc
- Apeiron Capital Investment has Short ratio of 1.50
- Nuveen Intermediate Duration Quality Municipal Term Fund has Short ratio of 1.50
- W.R. Grace & Co has Short ratio of 1.50
- LAIX Inc has Short ratio of 1.50
- Noble Midstream Partners LP has Short ratio of 1.50
- SeaSpine Corp has Short ratio of 1.50
- First Solar Inc has Short ratio of 1.51
- Aenza S.A.A has Short ratio of 1.52
- Allot Ltd has Short ratio of 1.52
- CSX has Short ratio of 1.52
- European Electric Metals has Short ratio of 1.52
- Everspin Technologies Inc has Short ratio of 1.52
- Cohen & Steers Select Preferred and Income Fund Inc has Short ratio of 1.52