Babcock & Wilcox Enterprises Inc Short ratio
What is the Short ratio of Babcock & Wilcox Enterprises Inc?
The Short ratio of Babcock & Wilcox Enterprises Inc is 3.75
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 NYSE compared to Babcock & Wilcox Enterprises Inc
What does Babcock & Wilcox Enterprises Inc do?
headquartered in charlotte, n.c., babcock & wilcox is a global leader in energy and environmental technologies and services for the power and industrial markets. b&w companies employ approximately 6,000 people around the world.
Companies with short ratio similar to Babcock & Wilcox Enterprises Inc
- Flexion Therapeutics Inc has Short ratio of 3.74
- Flowers Foods has Short ratio of 3.74
- Algonquin Power & Utilities Corp has Short ratio of 3.74
- Foot Locker Inc has Short ratio of 3.74
- InterRent Real Estate Investment Trust has Short ratio of 3.74
- Kosmos Ltd has Short ratio of 3.74
- Babcock & Wilcox Enterprises Inc has Short ratio of 3.75
- Hanover Insurance Inc has Short ratio of 3.76
- One Liberty Properties has Short ratio of 3.76
- Ares Management Corp has Short ratio of 3.76
- Cenovus has Short ratio of 3.76
- Kadant has Short ratio of 3.76
- Quicklogic Corp has Short ratio of 3.77