Shinsei Bank Short ratio
What is the Short ratio of Shinsei Bank?
The Short ratio of Shinsei Bank, Ltd. is N/A
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.
What does Shinsei Bank do?
Shinsei Bank, Limited provides various banking and financial products and services to individual customers, businesses, public corporations, and financial institutions in Japan. It offers Yen/foreign currency deposits, and structured deposits; home mortgages; and housing and unsecured loans, real estate related nonrecourse finance and corporate finance, ship finance, healthcare, and project finance, specialty finance, M&A-related, and renewable energy finance. The company also provides investment trusts, brokerage, life and non-life insurance, advisory, credit trading, private equity, business succession finance, and asset-backed investment services, as well as credit cards. In addition, it engages in the provision of financial transactions and services for individuals; trust businesses; foreign exchange, derivatives, equity-related, and other capital markets businesses; payment services; and securities, asset management, and wealth management businesses. The company was formerly known as The Long-Term Credit Bank of Japan, Limited and changed its name to Shinsei Bank, Limited in June 2000. Shinsei Bank, Limited was incorporated in 1952 and is headquartered in Tokyo, Japan.