Canoo Inc. (NASDAQ:GOEV) Short Squeeze 2024-03-27

squeeze-report-news-post-white

Over the past twenty days of trading, Canoo Inc. (NASDAQ: GOEV), from February 28, 2024 to March 26, 2024 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 GOEV Short Squeeze.


Canoo Inc. (NASDAQ: GOEV) Short Squeeze Analysis

During the last five days of trading, from March 20, 2024 to March 26, 2024 GOEV had a staggering 32,665,261 shares shorted while trading a total of 118,550,038 shares as show the on GOEV short page.

The last ten days of trading, from March 13, 2024 to March 26, 2024 GOEV had a staggering 85,251,789 shares shorted while trading a total of 285,760,045 shares as show the on GOEV short page.

Over the last twenty days of trading, from February 28, 2024 to March 26, 2024 GOEV had a staggering 313,142,936 shares shorted while trading a total of 1,061,842,245 shares as show the on GOEV short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 4 days with no change but 0 cover days. Over the last ten trading days there were 6 short days, 4 days with no change but 0 cover days. The last twenty trading days there were 14 short day, 6 days with no change but 0 cover days.


Canoo Inc. (NASDAQ: GOEV) 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 GOEV Short Squeeze.


Canoo Inc. (NASDAQ: GOEV) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume313,142,936
Total Actual Volume1,061,842,245
Total Volume Discrepancy464,302,203

Short Trends

Cover Days0
Short Days14
No Change Days6

Averages

Average Volume Discrepancy23,215,110
Average Short Volume15,657,146
Average Short Percentage53%

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.


Canoo Inc. (NASDAQ: GOEV) Chart


Disclaimer

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of Canoo Inc. (NASDAQ: GOEV) and does not buy, sell, or trade any shares of GOEV. This article does not provide a professional analysis of a (GOEV) financial position. (GOEV) financial position and all other information regarding the featured Company should be verified directly with (GOEV). Squeeze Report has received none USD from N/A for Brand Awareness Distribution, Corporate Communications, News, Press Release Enhancement and Social Media Solutions starting N/A ending N/A. Please read our full disclaimer for more detailed information.