Southern Short % of float
What is the Short % of float of Southern?
The Short % of float of Southern Company is 1.01%
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 Utilities sector on NYSE compared to Southern
What does Southern do?
Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021.
Companies with short % of float similar to Southern
- A.H. Belo Corp has Short % of float of 1.00%
- MDC Partners has Short % of float of 1.00%
- Enerplus has Short % of float of 1.00%
- Ceragon Networks Ltd has Short % of float of 1.00%
- SS&C Technologies Inc has Short % of float of 1.00%
- NextEra Inc has Short % of float of 1.00%
- Southern has Short % of float of 1.01%
- MidWestOne Inc has Short % of float of 1.02%
- Hookipa Pharma Inc has Short % of float of 1.02%
- Aileron Therapeutics Inc has Short % of float of 1.02%
- Celcuity Inc has Short % of float of 1.02%
- PARTS iD has Short % of float of 1.02%
- Wilhelmina International has Short % of float of 1.02%