Cardero Resource Short % of float
What is the Short % of float of Cardero Resource?
The Short % of float of Cardero Resource Corp. is 0.02%
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 Materials sector on TSXV compared to Cardero Resource
What does Cardero Resource do?
Cardero Resource Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for silver and copper deposits. It holds an interest in the Silver Queen property located in Arizona through staking; and 100% interests in the Zonia copper project located in Arizona, the United States. The company was formerly known as Sun Devil Gold Corp. and changed its name to Cardero Resource Corp. in May 1999. Cardero Resource Corp. is headquartered in Vancouver, Canada.
Companies with short % of float similar to Cardero Resource
- Nuveen Preferred and Income Fund has Short % of float of 0.01%
- Trajectory Alpha Acquisition Co has Short % of float of 0.01%
- Kimbell Tiger Acquisition Corpo has Short % of float of 0.01%
- 262244 has Short % of float of 0.01%
- SOAR Technology Acquisition has Short % of float of 0.01%
- AMCI Acquisition has Short % of float of 0.01%
- Cardero Resource has Short % of float of 0.02%
- Elysee Development has Short % of float of 0.03%
- Guaranty Federal Bancshares Inc has Short % of float of 0.03%
- QX Metals has Short % of float of 0.03%
- Bio-Rad Laboratories has Short % of float of 0.03%
- Ameriserv Inc has Short % of float of 0.03%
- First National has Short % of float of 0.03%