Solarvest Bio Short ratio
What is the Short ratio of Solarvest Bio?
The Short ratio of Solarvest BioEnergy, Inc. is 0.31
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 TSXV compared to Solarvest Bio
What does Solarvest Bio do?
Solarvest BioEnergy Inc. engages in the development of algal-based production systems to produce natural based green commercial products in Canada and internationally. The company provides human nutrition products, including omega-3; and pharmaceutical ingredients for human health comprising cannabinoids in algae and bone morphogenetic protein for the treatment of repairing bone fractures. It has a collaborative research and development agreement with FSD Pharma Inc. to develop algae-based pharmaceutical grade cannabinoids. The company was incorporated in 2005 and is based in Vancouver, Canada.
Companies with short ratio similar to Solarvest Bio
- Trajectory Alpha Acquisition Co has Short ratio of 0.30
- Nuveen Georgia Quality Municipal Income Fund has Short ratio of 0.30
- Medley Management Inc has Short ratio of 0.30
- Ossen Innovation Co Ltd has Short ratio of 0.30
- Western Asset Global High Income Fund Inc has Short ratio of 0.30
- Mexico Fund Inc has Short ratio of 0.30
- Solarvest Bio has Short ratio of 0.31
- Rosetta Stone has Short ratio of 0.32
- Mizuho has Short ratio of 0.32
- Murchison Minerals has Short ratio of 0.32
- PFB has Short ratio of 0.32
- NXG Cushing Midstream Fund has Short ratio of 0.32
- Sabre Gold Mines has Short ratio of 0.32