Over the past twenty days of trading, Bandwidth Inc. (NASDAQ: BAND), from December 02, 2019 to December 30, 2019 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 BAND Short Squeeze.
Bandwidth Inc. (NASDAQ: BAND) Short Squeeze Analysis
During the last five days of trading, from December 23, 2019 to December 30, 2019 BAND had a staggering 141,829 shares shorted while trading a total of 1,048,022 shares as show the on BAND short page.
The last ten days of trading, from December 16, 2019 to December 30, 2019 BAND had a staggering 344,335 shares shorted while trading a total of 2,835,493 shares as show the on BAND short page.
Over the last twenty days of trading, from December 02, 2019 to December 30, 2019 BAND had a staggering 614,106 shares shorted while trading a total of 4,999,990 shares as show the on BAND 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 2 short days, 4 days with no change but 4 cover days. The last twenty trading days there were 10 short day, 5 days with no change but 5 cover days.
Bandwidth Inc. (NASDAQ: BAND) 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 BAND Short Squeeze.
Bandwidth Inc. (NASDAQ: BAND) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||614,106|
|Total Actual Volume||4,999,990|
|Total Volume Discrepancy||3,466,636|
|No Change Days||5|
|Average Volume Discrepancy||173,331|
|Average Short Volume||30,705|
|Average Short Percentage||47%|
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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