Extreme Networks Inc. (NASDAQ:EXTR) Short Squeeze

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Over the past twenty days of trading, Extreme Networks Inc. (NASDAQ: EXTR), from September 30, 2019 to October 25, 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 October 21, 2019 to October 25, 2019 EXTR had a staggering 600,969 shares shorted while trading a total of 3,719,150 shares as show the on EXTR short page.

The last ten days of trading, from October 14, 2019 to October 25, 2019 EXTR had a staggering 1,435,812 shares shorted while trading a total of 8,920,550 shares as show the on EXTR short page.

Over the last twenty days of trading, from September 30, 2019 to October 25, 2019 EXTR had a staggering 2,854,726 shares shorted while trading a total of 19,162,862 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 16 short day, 3 days with no change but 1 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 Volume2,854,726
Total Actual Volume19,162,862
Total Volume Discrepancy14,383,480

Short Trends

Cover Days1
Short Days16
No Change Days3

Averages

Average Volume Discrepancy719,174
Average Short Volume142,736
Average Short Percentage58%

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.