Allstate Corporation (NYSE:ALL) Short Squeeze

squeeze report news post

Over the past twenty days of trading, Allstate Corporation (NYSE: ALL), from April 06, 2020 to May 04, 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 ALL Short Squeeze.


Allstate Corporation (NYSE: ALL) Short Squeeze Analysis

During the last five days of trading, from April 28, 2020 to May 04, 2020 ALL had a staggering 67,104 shares shorted while trading a total of 10,891,819 shares as show the on ALL short page.

The last ten days of trading, from April 21, 2020 to May 04, 2020 ALL had a staggering 108,331 shares shorted while trading a total of 19,376,682 shares as show the on ALL short page.

Over the last twenty days of trading, from April 06, 2020 to May 04, 2020 ALL had a staggering 242,923 shares shorted while trading a total of 44,163,929 shares as show the on ALL short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 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.


Allstate Corporation (NYSE: ALL) 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 ALL Short Squeeze.


Allstate Corporation (NYSE: ALL) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume242,923
Total Actual Volume44,163,929
Total Volume Discrepancy43,645,018

Short Trends

Cover Days5
Short Days7
No Change Days8

Averages

Average Volume Discrepancy2,182,250
Average Short Volume12,146
Average Short Percentage45%

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 Allstate Corporation (NYSE: ALL) and doed not buy, sell, or trade any shares of ALL. This article does not provide a professional analysis of a (ALL) financial position. (ALL) financial position and all other information regarding the featured Company should be verified directly with (ALL). Please read our full disclaimer for more detailed information.