Low float high outstanding shares

Screening Filters

1. Market Cap ≥ $2,000,000,000

   • Purpose: Focus on established, sizable companies.
   • Rationale:
     • The user’s main interest is “low float + high outstanding shares,” which can exist in both small and large companies.
     • Setting a minimum market cap of $2B steers the results toward more mature, better-known businesses rather than tiny, illiquid microcaps where low float is common but risk is very high.
     • This makes the list more practical and investable while still allowing for the structural feature (low float vs. total shares) you requested.

2. Shares Outstanding ≥ 200,000,000

   • Purpose: Ensure “high outstanding shares” as requested.
   • Rationale:
     • Shares outstanding represent the total number of shares issued by the company.
     • A minimum of 200M shares is a direct operationalization of “high outstanding shares,” ensuring we only capture companies with a large share base.
     • This filter is central to your query: it guarantees that any stock returned genuinely has a large total share count.

3. Floating Shares ≤ 30,000,000

   • Purpose: Capture “low float” stocks.
   • Rationale:
     • Float is the number of shares actually available for public trading (excluding closely held, insider, or locked-up shares).
     • Capping float at 30M shares is how we translate “low float” into a concrete numeric screen.
     • This ensures that even though the company has a high number of total shares outstanding, only a relatively small portion is available to trade — exactly the structural setup you described.

4. Monthly Average Dollar Volume ≥ $500,000

   • Purpose: Maintain a minimum level of liquidity in the results.
   • Rationale:
     • Dollar volume = price × volume. A minimum of $500k per month filters out the most illiquid names that could be very hard to trade in practice.
     • Low-float stocks can already be volatile; requiring some baseline liquidity helps avoid situations where it’s nearly impossible to enter or exit positions without huge slippage.

5. Market Cap Category: Mid / Large / Mega

   • Purpose: Further emphasize larger, more established companies.
   • Rationale:
     • This refines the “market cap ≥ $2B” rule by explicitly restricting to mid-cap, large-cap, and mega-cap buckets.
     • Combined with low float and high outstanding shares, this yields a specific profile: bigger, established firms where much of the share base is closely held (insiders, strategic holders, etc.), leaving a relatively small tradable float.
     • That aligns with the idea of “big company, but not many shares actually trade.”

Why Results Match:

• The high shares outstanding criterion is implemented directly via shares_outstanding ≥ 200,000,000.
• The low float requirement is implemented directly via floating_shares ≤ 30,000,000.
• Additional filters on market cap and market cap category ensure these are not tiny, speculative names but larger, more established companies that still have this unusual structure (lots of total shares, few tradable).
• The dollar volume filter ensures the resulting list remains somewhat tradeable and relevant for real-world investing, not just a theoretical match.