Over the past twenty days of trading, Cinemark Holdings Inc Inc. (NYSE: CNK), from September 23, 2019 to March 19, 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 CNK Short Squeeze.
Cinemark Holdings Inc Inc. (NYSE: CNK) Short Squeeze Analysis
During the last five days of trading, from October 14, 2019 to March 19, 2020 CNK had a staggering 338,219 shares shorted while trading a total of 15,674,325 shares as show the on CNK short page.
The last ten days of trading, from October 07, 2019 to March 19, 2020 CNK had a staggering 392,467 shares shorted while trading a total of 21,033,012 shares as show the on CNK short page.
Over the last twenty days of trading, from September 23, 2019 to March 19, 2020 CNK had a staggering 575,687 shares shorted while trading a total of 30,263,591 shares as show the on CNK 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 8 short days, 2 days with no change but 0 cover days. The last twenty trading days there were 17 short day, 2 days with no change but 1 cover days.
Cinemark Holdings Inc Inc. (NYSE: CNK) 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 CNK Short Squeeze.
Cinemark Holdings Inc Inc. (NYSE: CNK) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||575,687|
|Total Actual Volume||30,263,591|
|Total Volume Discrepancy||29,235,948|
|No Change Days||2|
|Average Volume Discrepancy||1,461,797|
|Average Short Volume||28,784|
|Average Short Percentage||66%|
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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