Over the past twenty days of trading, Big Lots Inc. (NYSE: BIG), from March 31, 2020 to April 28, 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 BIG Short Squeeze.
Big Lots Inc. (NYSE: BIG) Short Squeeze Analysis
During the last five days of trading, from April 22, 2020 to April 28, 2020 BIG had a staggering 176,190 shares shorted while trading a total of 9,434,129 shares as show the on BIG short page.
The last ten days of trading, from April 15, 2020 to April 28, 2020 BIG had a staggering 296,967 shares shorted while trading a total of 16,862,665 shares as show the on BIG short page.
Over the last twenty days of trading, from March 31, 2020 to April 28, 2020 BIG had a staggering 1,108,170 shares shorted while trading a total of 41,588,543 shares as show the on BIG short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 13 short day, 5 days with no change but 2 cover days.
Big Lots Inc. (NYSE: BIG) 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 BIG Short Squeeze.
Big Lots Inc. (NYSE: BIG) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,108,170|
|Total Actual Volume||41,588,543|
|Total Volume Discrepancy||39,882,010|
|No Change Days||5|
|Average Volume Discrepancy||1,994,100|
|Average Short Volume||55,408|
|Average Short Percentage||58%|
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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