Over the past twenty days of trading, Change Healthcare Inc. (NYSE: CHNG), from January 14, 2020 to February 11, 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 CHNG Short Squeeze.
Change Healthcare Inc. (NYSE: CHNG) Short Squeeze Analysis
During the last five days of trading, from February 05, 2020 to February 11, 2020 CHNG had a staggering 1,636,998 shares shorted while trading a total of 27,877,628 shares as show the on CHNG short page.
The last ten days of trading, from January 29, 2020 to February 11, 2020 CHNG had a staggering 1,667,554 shares shorted while trading a total of 36,808,401 shares as show the on CHNG short page.
Over the last twenty days of trading, from January 14, 2020 to February 11, 2020 CHNG had a staggering 1,814,643 shares shorted while trading a total of 55,238,032 shares as show the on CHNG short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 5 short days, 3 days with no change but 2 cover days. The last twenty trading days there were 10 short day, 4 days with no change but 6 cover days.
Change Healthcare Inc. (NYSE: CHNG) 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 CHNG Short Squeeze.
Change Healthcare Inc. (NYSE: CHNG) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,814,643|
|Total Actual Volume||55,238,032|
|Total Volume Discrepancy||53,043,137|
|No Change Days||4|
|Average Volume Discrepancy||2,652,156|
|Average Short Volume||90,732|
|Average Short Percentage||50%|
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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