Free Float

Overview

• Free float is the number of shares of a stock that are available for trading in the market
• It is calculated by subtracting the number of shares held by promoters, insiders, and other restricted shareholders from the total number of shares outstanding
• Free float value is a measure of the liquidity and market capitalization of a stock.
• A higher free float value indicates that there are more shares available for trading, which can lead to better price discovery and less volatility.