Crown ElectroKinetics Short ratio
What is the Short ratio of Crown ElectroKinetics?
The Short ratio of Crown ElectroKinetics Corp. is 1.26
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 Materials sector on OTC compared to Crown ElectroKinetics
What does Crown ElectroKinetics do?
Crown Electrokinetics Corp. develops and sells optical switching films. The company also focuses on commercializing electrokinetic technology for use in the smart glass market. It offers electrokinetic film technology for smart or dynamic glass. The company was formerly known as 3D Nanocolor Corp. and changed its name to Crown ElectroKinetics Corp. in October 2017. Crown ElectroKinetics Corp. was incorporated in 2015 and is based in Corvallis, Oregon.
Companies with short ratio similar to Crown ElectroKinetics
- Thunder Bridge Acquisition II Ltd has Short ratio of 1.25
- GenMark Diagnostics Inc has Short ratio of 1.25
- Severn Bancorp Inc has Short ratio of 1.25
- BSquare Corp has Short ratio of 1.25
- Aptinyx Inc has Short ratio of 1.25
- Lake Shore has Short ratio of 1.25
- Crown ElectroKinetics has Short ratio of 1.26
- Eagle Plains Resources has Short ratio of 1.27
- Synlogic Inc has Short ratio of 1.27
- Big Rock Partners Acquisition has Short ratio of 1.27
- Eguana Technologies has Short ratio of 1.27
- Venus Concept has Short ratio of 1.27
- Avantor has Short ratio of 1.27