Over the past twenty days of trading, Avis Budget Group Inc. (NASDAQ: CAR), from September 23, 2019 to March 19, 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 CAR Short Squeeze.
Avis Budget Group Inc. (NASDAQ: CAR) Short Squeeze Analysis
During the last five days of trading, from October 14, 2019 to March 19, 2020 CAR had a staggering 2,051,267 shares shorted while trading a total of 12,494,398 shares as show the on CAR short page.
The last ten days of trading, from October 07, 2019 to March 19, 2020 CAR had a staggering 2,555,240 shares shorted while trading a total of 16,596,809 shares as show the on CAR short page.
Over the last twenty days of trading, from September 23, 2019 to March 19, 2020 CAR had a staggering 3,864,111 shares shorted while trading a total of 27,040,831 shares as show the on CAR short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 18 short day, 2 days with no change but 0 cover days.
Avis Budget Group Inc. (NASDAQ: CAR) 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 CAR Short Squeeze.
Avis Budget Group Inc. (NASDAQ: CAR) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||3,864,111|
|Total Actual Volume||27,040,831|
|Total Volume Discrepancy||21,214,914|
|No Change Days||2|
|Average Volume Discrepancy||1,060,745|
|Average Short Volume||193,205|
|Average Short Percentage||66%|
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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