Adobe Inc Short % of float
What is the Short % of float of Adobe Inc?
The Short % of float of Adobe Inc is 1.16%
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 Technology sector on NASDAQ compared to Adobe Inc
What does Adobe Inc do?
Adobe Inc., originally called Adobe Systems Incorporated, is an American multinational computer software company incorporated in Delaware and headquartered in San Jose, California.
Companies with short % of float similar to Adobe Inc
- Business First Bancshares has Short % of float of 1.15%
- NeuBase Therapeutics has Short % of float of 1.15%
- Benitec Biopharma Inc has Short % of float of 1.15%
- Sierra Bancorp has Short % of float of 1.15%
- Dynatronics has Short % of float of 1.15%
- Nomad Foods has Short % of float of 1.15%
- Adobe Inc has Short % of float of 1.16%
- Icahn Enterprises L P has Short % of float of 1.17%
- Auryn Resources has Short % of float of 1.17%
- Carter Bankshares Inc has Short % of float of 1.17%
- United Fire Inc has Short % of float of 1.17%
- Carter Bank & Trust has Short % of float of 1.17%
- Bryn Mawr Bank has Short % of float of 1.17%