The short interest ratio of a stock is the amount of short interest is in a stock relative to the average daily volume. This number can be used to gauge the ease to buy back the outstanding shares that are short in a stock.
For example if a stock trades an average of 10,000 shares a day, and the stock has 50,000 shares that are short, then the short interest ratio = 5. The higher the number, the more difficult it may be for short sellers to purchase the outstanding shorted shares in a stock.
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