Adesto Technologies Corporation (NASDAQ:IOTS) Short Squeeze

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Over the past twenty days of trading, Adesto Technologies Corporation (NASDAQ: IOTS), from February 10, 2020 to April 13, 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 IOTS Short Squeeze.


Adesto Technologies Corporation (NASDAQ: IOTS) Short Squeeze Analysis

During the last five days of trading, from April 06, 2020 to April 13, 2020 IOTS had a staggering 275,593 shares shorted while trading a total of 2,812,632 shares as show the on IOTS short page.

The last ten days of trading, from March 30, 2020 to April 13, 2020 IOTS had a staggering 1,364,755 shares shorted while trading a total of 6,413,370 shares as show the on IOTS short page.

Over the last twenty days of trading, from February 10, 2020 to April 13, 2020 IOTS had a staggering 2,012,615 shares shorted while trading a total of 11,803,871 shares as show the on IOTS 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 5 short days, 3 days with no change but 2 cover days. The last twenty trading days there were 10 short day, 4 days with no change but 6 cover days.


Adesto Technologies Corporation (NASDAQ: IOTS) 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 IOTS Short Squeeze.


Adesto Technologies Corporation (NASDAQ: IOTS) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,012,615
Total Actual Volume11,803,871
Total Volume Discrepancy8,180,898

Short Trends

Cover Days6
Short Days10
No Change Days4

Averages

Average Volume Discrepancy409,044
Average Short Volume100,630
Average Short Percentage49%

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.


Disclaimer

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of Adesto Technologies Corporation (NASDAQ: IOTS) and doed not buy, sell, or trade any shares of IOTS. This article does not provide a professional analysis of a (IOTS) financial position. (IOTS) financial position and all other information regarding the featured Company should be verified directly with (IOTS). Please read our full disclaimer for more detailed information.