Short Ratio AnalysisShort Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Best Buy Distress Driver Correlations
About Short RatioThe higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.Compare to competition
Based on latest financial disclosure Best Buy Co has Short Ratio of 5.21 times. This is much higher than that of the Consumer Cyclical sector, and significantly higher than that of Specialty Retail industry, The Short Ratio for all stocks is over 1000% lower than the firm.