Carbonite Inc. (NASDAQ:CARB) Short Squeeze

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Over the past twenty days of trading, Carbonite Inc. (NASDAQ: CARB), from September 20, 2019 to October 17, 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 CARB Short Squeeze.


Carbonite Inc. (NASDAQ: CARB) Short Squeeze Analysis

During the last five days of trading, from October 11, 2019 to October 17, 2019 CARB had a staggering 438,996 shares shorted while trading a total of 1,938,627 shares as show the on CARB short page.

The last ten days of trading, from October 04, 2019 to October 17, 2019 CARB had a staggering 975,770 shares shorted while trading a total of 4,617,665 shares as show the on CARB short page.

Over the last twenty days of trading, from September 20, 2019 to October 17, 2019 CARB had a staggering 1,652,533 shares shorted while trading a total of 10,941,454 shares as show the on CARB 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 6 short days, 2 days with no change but 2 cover days. The last twenty trading days there were 12 short day, 4 days with no change but 4 cover days.


Carbonite Inc. (NASDAQ: CARB) 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 CARB Short Squeeze.


Carbonite Inc. (NASDAQ: CARB) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,652,533
Total Actual Volume10,941,454
Total Volume Discrepancy7,853,559

Short Trends

Cover Days4
Short Days12
No Change Days4

Averages

Average Volume Discrepancy392,677
Average Short Volume82,626
Average Short Percentage50%

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.


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 Carbonite Inc. (NASDAQ: CARB) and doed not buy, sell, or trade any shares of CARB. This article does not provide a professional analysis of a (CARB) financial position. (CARB) financial position and all other information regarding the featured Company should be verified directly with (CARB). Please read our full disclaimer for more detailed information.