Rare Element Resources Short % of float

What is the Short % of float of Rare Element Resources?

The Short % of float of Rare Element Resources Ltd. is 1.06%

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.

What does Rare Element Resources do?

Rare Element Resources Ltd. explores for mineral properties in the United States. It holds a 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project and the Sundance Gold project located in central Crook County, northeast Wyoming. The company is headquartered in Littleton, Colorado.

Companies with short % of float similar to Rare Element Resources

Misonix Inc has Short % of float of 1.05%
PLx Pharma has Short % of float of 1.05%
Leisure Acquisition has Short % of float of 1.05%
Costco Wholesale Corp has Short % of float of 1.05%
Caterpillar has Short % of float of 1.05%
Amphenol has Short % of float of 1.05%
Rare Element Resources has Short % of float of 1.06%
Columbus Mckinnon has Short % of float of 1.07%
First Bank (NJ) has Short % of float of 1.07%
China Ceramics Co has Short % of float of 1.07%
Rockwell Medical Inc has Short % of float of 1.07%
Unity has Short % of float of 1.07%
Acamar Partners Acquisition has Short % of float of 1.07%