Over the past twenty days of trading, Cemtrex Inc. (NASDAQ: CETX), from January 15, 2020 to February 12, 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 CETX Short Squeeze.
Cemtrex Inc. (NASDAQ: CETX) Short Squeeze Analysis
During the last five days of trading, from February 06, 2020 to February 12, 2020 CETX had a staggering 671,531 shares shorted while trading a total of 3,360,929 shares as show the on CETX short page.
The last ten days of trading, from January 30, 2020 to February 12, 2020 CETX had a staggering 1,290,351 shares shorted while trading a total of 8,372,990 shares as show the on CETX short page.
Over the last twenty days of trading, from January 15, 2020 to February 12, 2020 CETX had a staggering 13,209,043 shares shorted while trading a total of 84,803,182 shares as show the on CETX short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 0 days with no change but 1 cover days. The last twenty trading days there were 18 short day, 1 days with no change but 1 cover days.
Cemtrex Inc. (NASDAQ: CETX) 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 CETX Short Squeeze.
Cemtrex Inc. (NASDAQ: CETX) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||13,209,043|
|Total Actual Volume||84,803,182|
|Total Volume Discrepancy||64,245,412|
|No Change Days||1|
|Average Volume Discrepancy||3,212,270|
|Average Short Volume||660,452|
|Average Short Percentage||61%|
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.
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