Better Choice Stock Number Of Shares Shorted
| BTTR Stock | USD 6.35 0.15 2.31% |
Better Choice fundamentals help investors to digest information that contributes to Better Choice's financial success or failures. It also enables traders to predict the movement of Better Stock. The fundamental analysis module provides a way to measure Better Choice's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Better Choice stock.
Better |
Better Choice Company Number Of Shares Shorted Analysis
Better Choice's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Better Choice Number Of Shares Shorted | 38 K |
Most of Better Choice's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Better Choice is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 the price of the stock.
| Competition |
Based on the recorded statements, Better Choice has 38 K of outstending shares currently sold short by investors. This is 99.39% lower than that of the Food Products sector and 99.53% lower than that of the Consumer Staples industry. The number of shares shorted for all United States stocks is 99.19% higher than that of the company.
Better Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Better Choice's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Better Choice could also be used in its relative valuation, which is a method of valuing Better Choice by comparing valuation metrics of similar companies.Better Choice is currently under evaluation in number of shares shorted category among related companies.
Better Fundamentals
| Return On Equity | -1.86 | ||||
| Return On Asset | -0.29 | ||||
| Profit Margin | (0.59) % | ||||
| Operating Margin | (0.73) % | ||||
| Current Valuation | 6.12 M | ||||
| Shares Outstanding | 893.6 K | ||||
| Shares Owned By Insiders | 40.05 % | ||||
| Shares Owned By Institutions | 18.84 % | ||||
| Number Of Shares Shorted | 38 K | ||||
| Price To Earning | 0.61 X | ||||
| Price To Book | 0.33 X | ||||
| Price To Sales | 0.13 X | ||||
| Revenue | 38.59 M | ||||
| Gross Profit | 15.26 M | ||||
| EBITDA | (10.97 M) | ||||
| Net Income | (22.77 M) | ||||
| Cash And Equivalents | 10.86 M | ||||
| Cash Per Share | 0.37 X | ||||
| Total Debt | 4.75 M | ||||
| Debt To Equity | 0.24 % | ||||
| Current Ratio | 5.41 X | ||||
| Book Value Per Share | 4.08 X | ||||
| Cash Flow From Operations | 97 K | ||||
| Short Ratio | 0.09 X | ||||
| Earnings Per Share | (32.25) X | ||||
| Target Price | 88.0 | ||||
| Number Of Employees | 31 | ||||
| Beta | 0.69 | ||||
| Market Capitalization | 5.67 M | ||||
| Total Asset | 16.74 M | ||||
| Retained Earnings | (321.34 M) | ||||
| Working Capital | 2.54 M | ||||
| Net Asset | 16.74 M |
About Better Choice Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Better Choice's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Better Choice using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Better Choice based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Better Choice in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Better Choice's short interest history, or implied volatility extrapolated from Better Choice options trading.
Pair Trading with Better Choice
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Better Choice position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Better Choice will appreciate offsetting losses from the drop in the long position's value.Moving together with Better Stock
| 0.75 | BON | Bon Natural Life Earnings Call Today | PairCorr |
Moving against Better Stock
| 0.8 | PPC | Pilgrims Pride Corp Earnings Call This Week | PairCorr |
| 0.77 | TPB | Turning Point Brands Earnings Call This Week | PairCorr |
| 0.66 | TAP | Molson Coors Brewing Financial Report 7th of May 2024 | PairCorr |
| 0.57 | TSN | Tyson Foods Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Better Choice could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Better Choice when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Better Choice - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Better Choice to buy it.
The correlation of Better Choice is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Better Choice moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Better Choice moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Better Choice can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Better Choice Piotroski F Score and Better Choice Altman Z Score analysis. To learn how to invest in Better Stock, please use our How to Invest in Better Choice guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Better Stock analysis
When running Better Choice's price analysis, check to measure Better Choice's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Better Choice is operating at the current time. Most of Better Choice's value examination focuses on studying past and present price action to predict the probability of Better Choice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Choice's price. Additionally, you may evaluate how the addition of Better Choice to your portfolios can decrease your overall portfolio volatility.
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Is Better Choice's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Better Choice. If investors know Better will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Better Choice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Better Choice is measured differently than its book value, which is the value of Better that is recorded on the company's balance sheet. Investors also form their own opinion of Better Choice's value that differs from its market value or its book value, called intrinsic value, which is Better Choice's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Better Choice's market value can be influenced by many factors that don't directly affect Better Choice's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Better Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Better Choice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Better Choice's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.