Low float high volume medical stock

Screening Filters

1. 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.

2. 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.

3. 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.

4. 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.