Over the past twenty days of trading, Energous Corporation (NASDAQ: WATT), from March 24, 2020 to April 21, 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 WATT Short Squeeze.
Energous Corporation (NASDAQ: WATT) Short Squeeze Analysis
During the last five days of trading, from April 15, 2020 to April 21, 2020 WATT had a staggering 21,874,693 shares shorted while trading a total of 124,368,952 shares as show the on WATT short page.
The last ten days of trading, from April 07, 2020 to April 21, 2020 WATT had a staggering 22,407,416 shares shorted while trading a total of 127,216,735 shares as show the on WATT short page.
Over the last twenty days of trading, from March 24, 2020 to April 21, 2020 WATT had a staggering 23,434,308 shares shorted while trading a total of 134,280,743 shares as show the on WATT short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 0 days with no change but 3 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 8 short day, 6 days with no change but 6 cover days.
Energous Corporation (NASDAQ: WATT) 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 WATT Short Squeeze.
Energous Corporation (NASDAQ: WATT) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||23,434,308|
|Total Actual Volume||134,280,743|
|Total Volume Discrepancy||94,097,342|
|No Change Days||6|
|Average Volume Discrepancy||4,704,867|
|Average Short Volume||1,171,715|
|Average Short Percentage||45%|
The Short Trend Indicator
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