Over the past twenty days of trading, Construction Partners Inc. (NASDAQ: ROAD), from November 14, 2019 to December 12, 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 ROAD Short Squeeze.
Construction Partners Inc. (NASDAQ: ROAD) Short Squeeze Analysis
During the last five days of trading, from December 06, 2019 to December 12, 2019 ROAD had a staggering 724,260 shares shorted while trading a total of 4,172,634 shares as show the on ROAD short page.
The last ten days of trading, from November 29, 2019 to December 12, 2019 ROAD had a staggering 854,124 shares shorted while trading a total of 5,110,953 shares as show the on ROAD short page.
Over the last twenty days of trading, from November 14, 2019 to December 12, 2019 ROAD had a staggering 1,080,027 shares shorted while trading a total of 6,516,962 shares as show the on ROAD short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 0 days with no change but 2 cover days. Over the last ten trading days there were 4 short days, 4 days with no change but 2 cover days. The last twenty trading days there were 7 short day, 9 days with no change but 4 cover days.
Construction Partners Inc. (NASDAQ: ROAD) 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 ROAD Short Squeeze.
Construction Partners Inc. (NASDAQ: ROAD) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,080,027|
|Total Actual Volume||6,516,962|
|Total Volume Discrepancy||4,165,125|
|No Change Days||9|
|Average Volume Discrepancy||208,256|
|Average Short Volume||54,001|
|Average Short Percentage||46%|
The Short Trend Indicator
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