Over the past twenty days of trading, Denny’s Corporation (NASDAQ: DENN), from April 17, 2020 to May 14, 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 DENN Short Squeeze.
Denny’s Corporation (NASDAQ: DENN) Short Squeeze Analysis
During the last five days of trading, from May 08, 2020 to May 14, 2020 DENN had a staggering 720,676 shares shorted while trading a total of 6,138,643 shares as show the on DENN short page.
The last ten days of trading, from May 01, 2020 to May 14, 2020 DENN had a staggering 1,388,421 shares shorted while trading a total of 11,284,166 shares as show the on DENN short page.
Over the last twenty days of trading, from April 17, 2020 to May 14, 2020 DENN had a staggering 2,701,344 shares shorted while trading a total of 21,967,505 shares as show the on DENN 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, 6 days with no change but 4 cover days.
Denny’s Corporation (NASDAQ: DENN) 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 DENN Short Squeeze.
Denny’s Corporation (NASDAQ: DENN) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,701,344|
|Total Actual Volume||21,967,505|
|Total Volume Discrepancy||15,800,357|
|No Change Days||6|
|Average Volume Discrepancy||790,017|
|Average Short Volume||135,067|
|Average Short Percentage||46%|
The Short Trend Indicator
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