Over the past twenty days of trading, Brinker International Inc. (NYSE: EAT), 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 EAT Short Squeeze.
Brinker International Inc. (NYSE: EAT) Short Squeeze Analysis
During the last five days of trading, from April 22, 2020 to April 28, 2020 EAT had a staggering 926,855 shares shorted while trading a total of 15,808,369 shares as show the on EAT short page.
The last ten days of trading, from April 15, 2020 to April 28, 2020 EAT had a staggering 1,604,960 shares shorted while trading a total of 29,017,795 shares as show the on EAT short page.
Over the last twenty days of trading, from March 31, 2020 to April 28, 2020 EAT had a staggering 3,282,957 shares shorted while trading a total of 63,712,597 shares as show the on EAT short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 5 short days, 5 days with no change but 0 cover days. The last twenty trading days there were 12 short day, 6 days with no change but 2 cover days.
Brinker International Inc. (NYSE: EAT) 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 EAT Short Squeeze.
Brinker International Inc. (NYSE: EAT) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||3,282,957|
|Total Actual Volume||63,712,597|
|Total Volume Discrepancy||57,481,205|
|No Change Days||6|
|Average Volume Discrepancy||2,874,060|
|Average Short Volume||164,147|
|Average Short Percentage||53%|
The Short Trend Indicator
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