Over the past twenty days of trading, BJ’s Restaurants Inc. (NASDAQ: BJRI), 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 BJRI Short Squeeze.
BJ’s Restaurants Inc. (NASDAQ: BJRI) Short Squeeze Analysis
During the last five days of trading, from October 14, 2019 to March 19, 2020 BJRI had a staggering 507,802 shares shorted while trading a total of 3,227,418 shares as show the on BJRI short page.
The last ten days of trading, from October 07, 2019 to March 19, 2020 BJRI had a staggering 723,988 shares shorted while trading a total of 4,728,661 shares as show the on BJRI short page.
Over the last twenty days of trading, from September 23, 2019 to March 19, 2020 BJRI had a staggering 1,143,921 shares shorted while trading a total of 8,237,924 shares as show the on BJRI 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 8 short days, 2 days with no change but 0 cover days. The last twenty trading days there were 16 short day, 4 days with no change but 0 cover days.
BJ’s Restaurants Inc. (NASDAQ: BJRI) 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 BJRI Short Squeeze.
BJ’s Restaurants Inc. (NASDAQ: BJRI) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,143,921|
|Total Actual Volume||8,237,924|
|Total Volume Discrepancy||6,211,767|
|No Change Days||4|
|Average Volume Discrepancy||310,588|
|Average Short Volume||57,196|
|Average Short Percentage||55%|
The Short Trend Indicator
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