Freshpet Inc Short ratio
What is the Short ratio of Freshpet Inc?
The Short ratio of Freshpet Inc is 8.09
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 Consumer Staples sector on NASDAQ compared to Freshpet Inc
What does Freshpet Inc do?
freshpet makes fresh and all natural refrigerated dog and cat food in the u.s., and is the fastest growing pet food brand, with refrigerators in over 16,000 stores. our mission is to bring the power of fresh food for pets everywhere in ways that are good for pets, people and the planet. at freshpet, we're passionate about what we do because we're pet lovers, and because we believe that as a team, we are making a real difference in pets' lives. while we’ve grown to a mid-sized company, it’s our entrepreneurial roots and small-company feel that make freshpet a thriving place to work.
Companies with short ratio similar to Freshpet Inc
- Meredith Corp has Short ratio of 8.07
- Eton Pharmaceuticals has Short ratio of 8.07
- SmartRent Inc has Short ratio of 8.07
- RBC Bearings has Short ratio of 8.08
- EXCO Resources has Short ratio of 8.08
- Esquire Inc has Short ratio of 8.08
- Freshpet Inc has Short ratio of 8.09
- Root has Short ratio of 8.10
- Alpha & Omega Semiconductor Ltd has Short ratio of 8.11
- Adamas Pharmaceuticals Inc has Short ratio of 8.11
- Iovance Biotherapeutics Inc has Short ratio of 8.12
- Alector has Short ratio of 8.12
- ESSA Pharma has Short ratio of 8.12