Over the past twenty days of trading, Alphabet Inc. (NASDAQ: GOOGL), from November 18, 2019 to March 27, 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 GOOGL Short Squeeze.
Alphabet Inc. (NASDAQ: GOOGL) Short Squeeze Analysis
During the last five days of trading, from March 23, 2020 to March 27, 2020 GOOGL had a staggering 2,341,900 shares shorted while trading a total of 19,079,688 shares as show the on GOOGL short page.
The last ten days of trading, from December 03, 2019 to March 27, 2020 GOOGL had a staggering 3,556,313 shares shorted while trading a total of 31,269,473 shares as show the on GOOGL short page.
Over the last twenty days of trading, from November 18, 2019 to March 27, 2020 GOOGL had a staggering 4,315,050 shares shorted while trading a total of 42,284,034 shares as show the on GOOGL short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 4 short days, 6 days with no change but 0 cover days. The last twenty trading days there were 4 short day, 13 days with no change but 3 cover days.
Alphabet Inc. (NASDAQ: GOOGL) 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 GOOGL Short Squeeze.
Alphabet Inc. (NASDAQ: GOOGL) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||4,315,050|
|Total Actual Volume||42,284,034|
|Total Volume Discrepancy||32,781,177|
|No Change Days||13|
|Average Volume Discrepancy||1,639,058|
|Average Short Volume||215,752|
|Average Short Percentage||41%|
The Short Trend Indicator
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