Electrameccanica Vehicles Corp. Ltd. (NASDAQ:SOLO) Short Squeeze

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Over the past twenty days of trading, Electrameccanica Vehicles Corp. Ltd. (NASDAQ: SOLO), from May 12, 2020 to June 09, 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 SOLO Short Squeeze.


Electrameccanica Vehicles Corp. Ltd. (NASDAQ: SOLO) Short Squeeze Analysis

During the last five days of trading, from June 03, 2020 to June 09, 2020 SOLO had a staggering 16,470,509 shares shorted while trading a total of 91,070,898 shares as show the on SOLO short page.

The last ten days of trading, from May 27, 2020 to June 09, 2020 SOLO had a staggering 19,585,285 shares shorted while trading a total of 107,464,280 shares as show the on SOLO short page.

Over the last twenty days of trading, from May 12, 2020 to June 09, 2020 SOLO had a staggering 22,328,754 shares shorted while trading a total of 124,123,360 shares as show the on SOLO 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 4 short days, 5 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 8 days with no change but 3 cover days.


Electrameccanica Vehicles Corp. Ltd. (NASDAQ: SOLO) 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 SOLO Short Squeeze.


Electrameccanica Vehicles Corp. Ltd. (NASDAQ: SOLO) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume22,328,754
Total Actual Volume124,123,360
Total Volume Discrepancy74,534,434

Short Trends

Cover Days3
Short Days9
No Change Days8

Averages

Average Volume Discrepancy3,726,721
Average Short Volume1,116,437
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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