Screening Filters
Floating Shares ≤ 30,000,000
- Purpose: Capture low-float stocks.
- Rationale:
- “Float” is the number of shares available for public trading.
- By capping floating shares at 30M, we restrict results to companies with relatively limited tradable shares, which aligns with your request for low float names.
- Lower float often means the stock can move more sharply on news or buying pressure, which is typically what people look for in low-float plays.
Volume ≥ 1,000,000 shares (daily)
- Purpose: Ensure high trading volume.
- Rationale:
- High average daily volume is a standard way to define “high volume.”
- A minimum of 1M shares traded per day focuses on stocks with strong liquidity and active interest, matching your request for high volume stocks.
- This helps avoid illiquid low-float names that may be hard to enter/exit.
Sector in ['Healthcare', 'Pharmaceuticals & Medical Research', 'Healthcare Services & Equipment']
- Purpose: Focus on medical-related companies.
- Rationale:
- Your original query mentioned “medical tech,” and your follow-up says “medical stocks.”
- These sector choices broadly cover:
- Healthcare providers and services
- Pharmaceuticals and biotech/medical research
- Medical devices and equipment (which is where much “med tech” sits)
- Together, they approximate the “medical/medical tech” universe as closely as our sector classifications allow.
Listed Exchange in ['XNYS', 'XNAS', 'XASE']
- Purpose: Limit results to major U.S. exchanges (NYSE, Nasdaq, NYSE American).
- Rationale:
- These exchanges have stricter listing standards and generally better liquidity and transparency than OTC or foreign exchanges.
- This fits the typical intent when someone asks for tradable “medical” stocks and helps avoid very obscure or hard-to-trade names.
Why Results Match:
- “Low float” → Enforced by the floating_shares ≤ 30M filter.
- “High volume” → Enforced by the volume ≥ 1M filter.
- “Medical / medical tech” → Approximated via the Healthcare / Pharma & Medical Research / Healthcare Services & Equipment sector filters to capture medical, biotech, and medtech-related companies.
- Tradable U.S. names → Ensured by restricting to major U.S. exchanges.
All requested aspects (low float, high volume, medical focus) are directly addressed by the applied filters using the closest available data fields.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.