DocuSign Inc. (NASDAQ:DOCU) Short Squeeze

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Over the past twenty days of trading, DocuSign Inc. (NASDAQ: DOCU), from October 28, 2019 to November 22, 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 DOCU Short Squeeze.


DocuSign Inc. (NASDAQ: DOCU) Short Squeeze Analysis

During the last five days of trading, from November 18, 2019 to November 22, 2019 DOCU had a staggering 1,144,993 shares shorted while trading a total of 11,797,551 shares as show the on DOCU short page.

The last ten days of trading, from November 11, 2019 to November 22, 2019 DOCU had a staggering 1,882,004 shares shorted while trading a total of 17,621,582 shares as show the on DOCU short page.

Over the last twenty days of trading, from October 28, 2019 to November 22, 2019 DOCU had a staggering 4,344,487 shares shorted while trading a total of 33,853,435 shares as show the on DOCU short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 2 days with no change but 2 cover days. Over the last ten trading days there were 4 short days, 3 days with no change but 3 cover days. The last twenty trading days there were 9 short day, 8 days with no change but 3 cover days.


DocuSign Inc. (NASDAQ: DOCU) 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 DOCU Short Squeeze.


DocuSign Inc. (NASDAQ: DOCU) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume4,344,487
Total Actual Volume33,853,435
Total Volume Discrepancy24,849,203

Short Trends

Cover Days3
Short Days9
No Change Days8

Averages

Average Volume Discrepancy1,242,460
Average Short Volume217,224
Average Short Percentage48%

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.


Disclaimer

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