Member Short-Sales Ratio A ratio comparing the number of short sales transacted on behalf of NYSE members to the entire number of short sells transacted on the exchange. Investopedia Says: This ratio is used to gauge and analyze the sentiment of market professionals. By isolating the number of shorts transacted by "pros," investors can remove the unwanted noise of public traders, who may be less informed. Related Terms: Market Sentiment Mutual Fund Liquidity Ratio Noise Noise Trader Noise Trader Risk NYSE Short Interest Ratio Short Selling |