Number of Shares Shorted breakdown for NortechNumber of Shares Shorted is total amount of shares that are currently sold short by investors. When stock is sold short, the short seller assumes the responsibility of buying the stock back at a lower price. The speculator will make money if the stock goes down in price or will experience loss if the stock price goes up.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect price of the stock.
Nortech Number of Shares Shorted Assessment
Based on recorded statements Nortech Systems Inc has 3.79 K of outstending shares currently sold short by investors. This is 99.94% lower than that of Technology sector, and 99.87% lower than that of Diversified Electronics industry, The Number of Shares Shorted for all stocks is 99.83% higher than the company.
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Number of Shares Shorted ComparisonNortech is currently under evaluation in number of shares shorted category among related companies.
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