Sign in Sign up for free

VRL Logistics Short % of float

What is the Short % of float of VRL Logistics?

The Short % of float of VRL Logistics 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 VRL Logistics do?

VRL Logistics Limited operates as a logistics and transport company. The company operates through four segments: Goods Transport, Bus Operations, Sale of Power, and Transport of Passengers by Air. The Goods Transport segment offers services for the transportation of goods using a range of road transportation solutions, including less than full truck load and full truck load for customers across 22 states and 5 union territories in India. This segment also provides courier business for the transportation of small parcels and documents through multi model solutions. The Bus Operations segment provides services of transportation solutions through buses in the states of Karnataka, Maharashtra, Andhra Pradesh, Tamil Nadu, Gujarat, Rajasthan, and Goa through its fleet of approximately 362 buses/coaches. The Sale of Power segment operates a wind farm that consists of wind turbine generators with a capacity of 1.25 MW. The Transport of Passengers by Air segment offers services for the transportation of passengers by air to the individuals and corporate representatives. The company was formerly known as Vijayanand Roadlines Ltd. and changed its name to VRL Logistics Limited in August 2006. VRL Logistics Limited was founded in 1976 and is based in Hubli, India.