Ebix Inc. (NASDAQ:EBIX) Short Squeeze

squeeze report news post

Over the past twenty days of trading, Ebix Inc. (NASDAQ: EBIX), from September 23, 2019 to March 19, 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 EBIX Short Squeeze.


Ebix Inc. (NASDAQ: EBIX) Short Squeeze Analysis

During the last five days of trading, from October 14, 2019 to March 19, 2020 EBIX had a staggering 765,892 shares shorted while trading a total of 3,438,204 shares as show the on EBIX short page.

The last ten days of trading, from October 07, 2019 to March 19, 2020 EBIX had a staggering 947,432 shares shorted while trading a total of 5,250,139 shares as show the on EBIX short page.

Over the last twenty days of trading, from September 23, 2019 to March 19, 2020 EBIX had a staggering 1,278,546 shares shorted while trading a total of 7,982,880 shares as show the on EBIX short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 4 short days, 2 days with no change but 4 cover days. The last twenty trading days there were 11 short day, 5 days with no change but 4 cover days.


Ebix Inc. (NASDAQ: EBIX) 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 EBIX Short Squeeze.


Ebix Inc. (NASDAQ: EBIX) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,278,546
Total Actual Volume7,982,880
Total Volume Discrepancy5,596,301

Short Trends

Cover Days4
Short Days11
No Change Days5

Averages

Average Volume Discrepancy279,815
Average Short Volume63,927
Average Short Percentage50%

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

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of Ebix Inc. (NASDAQ: EBIX) and doed not buy, sell, or trade any shares of EBIX. This article does not provide a professional analysis of a (EBIX) financial position. (EBIX) financial position and all other information regarding the featured Company should be verified directly with (EBIX). Please read our full disclaimer for more detailed information.