Johnson & Johnson Short % of float
What is the Short % of float of Johnson & Johnson?
The Short % of float of Johnson & Johnson is 0.49%
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 Health Care sector on NYSE compared to Johnson & Johnson
What does Johnson & Johnson do?
Johnson & Johnson is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods.
Companies with short % of float similar to Johnson & Johnson
- Burgundy Technology Acquisition has Short % of float of 0.48%
- CynergisTek Inc has Short % of float of 0.48%
- Marlin Business Services Corp has Short % of float of 0.48%
- Aptinyx Inc has Short % of float of 0.48%
- Puhui Wealth Investment Management Co has Short % of float of 0.48%
- Nephros Inc has Short % of float of 0.48%
- Johnson & Johnson has Short % of float of 0.49%
- Eagle Capital Growth Fund has Short % of float of 0.50%
- Listed Funds Trust has Short % of float of 0.50%
- Fonar has Short % of float of 0.50%
- Cohen & Steers Select Preferred and Income Fund Inc has Short % of float of 0.50%
- TransGlobe has Short % of float of 0.50%
- Natural Health Trends has Short % of float of 0.50%