Hi ET peeps,
Can any experienced traders give me their opinion on what they believe to be the average and low float size per industry / sector (U.S. equities & ADRs) below? I've filled in whatever I could find concerning the industries I trade most below. I understand there may be nuances between sector & industry, some feel certain industries should be lumped together & others separated, and that there will be differences in opinion between what constitutes "low float." Also, any website / link you can share that has a simple basic breakdown of average float and low float size per industry / sector for U.S. equities & ADRs?
Please don't murder me if I've mis-categorized something dear to your heart. The more differing opinions the richer the learning; thanks for your thoughts!
Average / Low Float by Industry / Sector
Can any experienced traders give me their opinion on what they believe to be the average and low float size per industry / sector (U.S. equities & ADRs) below? I've filled in whatever I could find concerning the industries I trade most below. I understand there may be nuances between sector & industry, some feel certain industries should be lumped together & others separated, and that there will be differences in opinion between what constitutes "low float." Also, any website / link you can share that has a simple basic breakdown of average float and low float size per industry / sector for U.S. equities & ADRs?
Please don't murder me if I've mis-categorized something dear to your heart. The more differing opinions the richer the learning; thanks for your thoughts!
Average / Low Float by Industry / Sector
- Low float in general: < 15 M shares (implying only ~ 15% of all shares outstanding available as float to trade publicly)
- Biotech: < 50 M (low)
- Tech:
- REITs:
- Oil / Gas:
- Machinery:
- Electric / Energy / Utilities:
- Telecom:
- Food:
- Retail:
- Insurance: