Grupo Financiero Galicia Short % of float

What is the Short % of float of Grupo Financiero Galicia?

The Short % of float of Grupo Financiero Galicia is 0.00%

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 Finance sector on NASDAQ compared to Grupo Financiero Galicia

What does Grupo Financiero Galicia do?

Grupo Financiero Galicia is a financial services holding company based in Buenos Aires, and its banking operations are the fifth largest in Argentina, as well as the largest among all domestically-owned private banks in the country.

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