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 Volume||242,923|
|Total Actual Volume||44,163,929|
|Total Volume Discrepancy||43,645,018|
|No Change Days||8|
|Average Volume Discrepancy||2,182,250|
|Average Short Volume||12,146|
|Average Short Percentage||45%|
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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