Over the past twenty days of trading, Digital Ally Inc. (NASDAQ: DGLY), from May 04, 2020 to June 01, 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 DGLY Short Squeeze.
Digital Ally Inc. (NASDAQ: DGLY) Short Squeeze Analysis
During the last five days of trading, from May 26, 2020 to June 01, 2020 DGLY had a staggering 23,005,815 shares shorted while trading a total of 104,469,622 shares as show the on DGLY short page.
The last ten days of trading, from May 18, 2020 to June 01, 2020 DGLY had a staggering 23,196,383 shares shorted while trading a total of 105,526,958 shares as show the on DGLY short page.
Over the last twenty days of trading, from May 04, 2020 to June 01, 2020 DGLY had a staggering 23,423,022 shares shorted while trading a total of 107,146,870 shares as show the on DGLY 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 6 short days, 2 days with no change but 2 cover days. The last twenty trading days there were 9 short day, 5 days with no change but 6 cover days.
Digital Ally Inc. (NASDAQ: DGLY) 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 DGLY Short Squeeze.
Digital Ally Inc. (NASDAQ: DGLY) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||23,423,022|
|Total Actual Volume||107,146,870|
|Total Volume Discrepancy||72,128,526|
|No Change Days||5|
|Average Volume Discrepancy||3,606,426|
|Average Short Volume||1,171,151|
|Average Short Percentage||46%|
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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