RTI Surgical Short ratio
What is the Short ratio of RTI Surgical?
The Short ratio of RTI Surgical Holdings, Inc. is 2.53
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 Health Care sector on NASDAQ compared to RTI Surgical
What does RTI Surgical do?
RTI Surgical Holdings, Inc. engages in the provision of biologic, metal, and synthetic-based surgical implants. It offers implants in the following categories: extremities, orthobiologics, spine, sports medicine, and surgical specialties. The company was founded in February 1998 and is headquartered in Deerfield, IL.
Companies with short ratio similar to RTI Surgical
- SP Plus Corp has Short ratio of 2.52
- Southern has Short ratio of 2.52
- Nutrien has Short ratio of 2.52
- Global Cord Blood Corp has Short ratio of 2.52
- Anaconda Mining has Short ratio of 2.52
- Ekso Bionics Inc has Short ratio of 2.52
- RTI Surgical has Short ratio of 2.53
- Venerable Ventures has Short ratio of 2.54
- Interactive Brokers Inc has Short ratio of 2.54
- Teledyne Technologies Inc has Short ratio of 2.54
- Aura Minerals has Short ratio of 2.54
- Capital One has Short ratio of 2.54
- Unum has Short ratio of 2.54