Sky and Space Global Short % of float

What is the Short % of float of Sky and Space Global?

The Short % of float of Sky and Space Global Limited is N/A

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 Sky and Space Global do?

Sky and Space Global Limited operates as a nano-satellite technology company. It constructs and operates communications infrastructure based on nano-satellite technology for telecommunications and international transport industries, as well as develops software systems that will deploy, maintain orbit control, and handle communication network to provide a global coverage. The company was incorporated in 2006 and is based in West Perth, Australia.