Over the past twenty days of trading, 21Vianet Group Inc. (NASDAQ: VNET), from March 20, 2020 to April 17, 2020 there is a potential Short Squeeze about to happen because of an increase in short volume over the past twenty days with very little cover volume.
Because of this the Squeeze Report trend indicator issued a VNET Short Squeeze.
21Vianet Group Inc. (NASDAQ: VNET) Short Squeeze Analysis
During the last five days of trading, from April 13, 2020 to April 17, 2020 VNET had a staggering 284,741 shares shorted while trading a total of 2,262,678 shares as show the on VNET short page.
The last ten days of trading, from April 03, 2020 to April 17, 2020 VNET had a staggering 602,756 shares shorted while trading a total of 5,368,315 shares as show the on VNET short page.
Over the last twenty days of trading, from March 20, 2020 to April 17, 2020 VNET had a staggering 1,459,087 shares shorted while trading a total of 14,328,112 shares as show the on VNET short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 3 days with no change but 1 cover days. Over the last ten trading days there were 2 short days, 6 days with no change but 2 cover days. The last twenty trading days there were 7 short day, 8 days with no change but 5 cover days.
21Vianet Group Inc. (NASDAQ: VNET) Short Squeeze Result
The short indicator utilizes several factors before determining a result and because of these indications we have placed a short trend indicator of VNET Short Squeeze.
21Vianet Group Inc. (NASDAQ: VNET) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,459,087|
|Total Actual Volume||14,328,112|
|Total Volume Discrepancy||10,893,068|
|No Change Days||8|
|Average Volume Discrepancy||544,653|
|Average Short Volume||72,954|
|Average Short Percentage||48%|
The Short Trend Indicator
Squeeze Reports short trend indicator utilizes several different trading factors including, short data, trade data, short analysis and short probability. So become a member of Squeeze Report if you want to to gain access or know more about the short trend indicator and other short trading tools.
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