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 Volume||1,652,533|
|Total Actual Volume||10,941,454|
|Total Volume Discrepancy||7,853,559|
|No Change Days||4|
|Average Volume Discrepancy||392,677|
|Average Short Volume||82,626|
|Average Short Percentage||50%|
The Short Trend Indicator
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