Hi awesome,
Imo the short-interest ratio is another way to evaluate how your investment might be expected to perform during a healthy pull-back over the general markets - which also imo we will continue to see throughout March.
This ranking does not suggest PRAN will go up. It only suggests that investors who short stocks for a living are not very bearish on Prana.
Short-Interest Ratio
"The short-interest ratio is a tool you can use to see whether short sellers believe an individual stock is about to fall in price. The ratio is calculated by dividing short interest by average daily volume of the stock.
A ratio over two indicates the stock's price may go up in the future as short sellers buy it to cover their positions. (Remember, in a short sale, the investor makes money when the stock's price falls.)
One place to find this ratio of individual stocks in at SmartMoney.com. Enter the stock's symbol, then look under "Profile" and you will find the "Ownership" category. There you will find the short-interest ratio.
Conclusion
Watching the short-interest ratio and the number of short sellers is one tool when evaluating stocks, but don't ignore the fundamentals for single source buy or sell tools".
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.22M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $8.75K | 1.75M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
59 | 63306661 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 28430837 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
57 | 62431661 | 0.004 |
47 | 46138652 | 0.003 |
17 | 39764402 | 0.002 |
13 | 92470101 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 28430837 | 21 |
0.006 | 34263249 | 13 |
0.007 | 22226649 | 17 |
0.008 | 14274594 | 13 |
0.009 | 6000000 | 5 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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