Extreme Networks Inc. (NASDAQ:EXTR) Short Squeeze

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Over the past twenty days of trading, Extreme Networks Inc. (NASDAQ: EXTR), from October 11, 2019 to November 07, 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 EXTR Short Squeeze.


Extreme Networks Inc. (NASDAQ: EXTR) Short Squeeze Analysis

During the last five days of trading, from November 01, 2019 to November 07, 2019 EXTR had a staggering 1,173,921 shares shorted while trading a total of 9,729,263 shares as show the on EXTR short page.

The last ten days of trading, from October 25, 2019 to November 07, 2019 EXTR had a staggering 3,684,224 shares shorted while trading a total of 21,134,369 shares as show the on EXTR short page.

Over the last twenty days of trading, from October 11, 2019 to November 07, 2019 EXTR had a staggering 5,013,680 shares shorted while trading a total of 29,757,615 shares as show the on EXTR 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 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 17 short day, 3 days with no change but 0 cover days.


Extreme Networks Inc. (NASDAQ: EXTR) 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 EXTR Short Squeeze.


Extreme Networks Inc. (NASDAQ: EXTR) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume5,013,680
Total Actual Volume29,757,615
Total Volume Discrepancy21,893,789

Short Trends

Cover Days0
Short Days17
No Change Days3

Averages

Average Volume Discrepancy1,094,689
Average Short Volume250,684
Average Short Percentage61%

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 Extreme Networks Inc. (NASDAQ: EXTR) and doed not buy, sell, or trade any shares of EXTR. This article does not provide a professional analysis of a (EXTR) financial position. (EXTR) financial position and all other information regarding the featured Company should be verified directly with (EXTR). Please read our full disclaimer for more detailed information.