Over the past twenty days of trading, CVS Health Corporation (NYSE: CVS), from April 24, 2020 to May 21, 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 CVS Short Squeeze.
CVS Health Corporation (NYSE: CVS) Short Squeeze Analysis
During the last five days of trading, from May 15, 2020 to May 21, 2020 CVS had a staggering 715,117 shares shorted while trading a total of 34,744,862 shares as show the on CVS short page.
The last ten days of trading, from May 08, 2020 to May 21, 2020 CVS had a staggering 2,171,886 shares shorted while trading a total of 79,503,722 shares as show the on CVS short page.
Over the last twenty days of trading, from April 24, 2020 to May 21, 2020 CVS had a staggering 4,267,837 shares shorted while trading a total of 161,919,933 shares as show the on CVS short page.
According to our proprietary algorithm during the last five trading days there were 0 short days, 4 days with no change but 1 cover days. Over the last ten trading days there were 4 short days, 5 days with no change but 1 cover days. The last twenty trading days there were 4 short day, 13 days with no change but 3 cover days.
CVS Health Corporation (NYSE: CVS) 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 CVS Short Squeeze.
CVS Health Corporation (NYSE: CVS) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||4,267,837|
|Total Actual Volume||161,919,933|
|Total Volume Discrepancy||152,521,033|
|No Change Days||13|
|Average Volume Discrepancy||7,626,051|
|Average Short Volume||213,391|
|Average Short Percentage||44%|
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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