Timber Pharmaceuticals Short % of float
What is the Short % of float of Timber Pharmaceuticals?
The Short % of float of Timber Pharmaceuticals, Inc. is 3.76%
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 Health Care sector on NYSE compared to Timber Pharmaceuticals
What does Timber Pharmaceuticals do?
Timber Pharmaceuticals LLC, a clinical-stage biopharmaceutical dermatology company, focused on the development and commercialization of treatments for orphan dermatologic diseases. The company was founded in 2019 and is headquartered in Basking Ridge, New Jersey.
Companies with short % of float similar to Timber Pharmaceuticals
- SolarWinds Corp has Short % of float of 3.73%
- NexTier Oilfield Solutions Inc has Short % of float of 3.74%
- GlobalSCAPE has Short % of float of 3.74%
- W.R. Grace & Co has Short % of float of 3.75%
- Sanmina Corp has Short % of float of 3.75%
- F.N.B has Short % of float of 3.75%
- Timber Pharmaceuticals has Short % of float of 3.76%
- Preferred Bank (Los Angeles, CA) has Short % of float of 3.77%
- Korn Ferry has Short % of float of 3.77%
- Arconic has Short % of float of 3.77%
- Ryman Hospitality Properties Inc has Short % of float of 3.77%
- Laureate Education Inc has Short % of float of 3.77%
- ProPetro Corp has Short % of float of 3.78%