Over the past twenty days of trading, Digital Brands Group Inc. (NASDAQ: DBGI), from November 25, 2022 to December 22, 2022 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 DBGI Short Squeeze.
Digital Brands Group Inc. (NASDAQ: DBGI) Short Squeeze Analysis
During the last five days of trading, from December 16, 2022 to December 22, 2022 DBGI had a staggering 1,167,201 shares shorted while trading a total of 5,768,862 shares as show the on DBGI short page.
The last ten days of trading, from December 09, 2022 to December 22, 2022 DBGI had a staggering 2,492,679 shares shorted while trading a total of 12,269,093 shares as show the on DBGI short page.
Over the last twenty days of trading, from November 25, 2022 to December 22, 2022 DBGI had a staggering 23,935,001 shares shorted while trading a total of 95,208,777 shares as show the on DBGI short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 6 short days, 4 days with no change but 0 cover days. The last twenty trading days there were 13 short day, 7 days with no change but 0 cover days.
Digital Brands Group Inc. (NASDAQ: DBGI) 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 DBGI Short Squeeze.
Digital Brands Group Inc. (NASDAQ: DBGI) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 23,935,001 |
| Total Actual Volume | 95,208,777 |
| Total Volume Discrepancy | 50,039,215 |
Short Trends
| Cover Days | 0 |
| Short Days | 13 |
| No Change Days | 7 |
Averages
| Average Volume Discrepancy | 2,501,960 |
| Average Short Volume | 1,196,750 |
| Average Short Percentage | 50% |
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.
Digital Brands Group Inc. (NASDAQ: DBGI) Chart
Disclaimer
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