Ecopetrol SA Short % of float
What is the Short % of float of Ecopetrol SA?
The Short % of float of Ecopetrol SA is 0.00%
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 Energy sector on NYSE compared to Ecopetrol SA
What does Ecopetrol SA do?
Ecopetrol, formerly known as Empresa Colombiana de Petróleos S.A. is the largest and primary petroleum company in Colombia.
Companies with short % of float similar to Ecopetrol SA
- Ecopetrol SA has Short % of float of 0.00%
- Mind C.T.I Ltd has Short % of float of 0.01%
- PolyMet Mining has Short % of float of 0.01%
- Manitex International Inc has Short % of float of 0.01%
- Jackson Acquisition has Short % of float of 0.01%
- Air Industries has Short % of float of 0.01%
- John Wiley & Sons has Short % of float of 0.01%