Over the past twenty days of trading, Fastenal Company (NASDAQ: FAST), from November 07, 2019 to December 05, 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 FAST Short Squeeze.
Fastenal Company (NASDAQ: FAST) Short Squeeze Analysis
During the last five days of trading, from November 29, 2019 to December 05, 2019 FAST had a staggering 3,219,093 shares shorted while trading a total of 17,449,662 shares as show the on FAST short page.
The last ten days of trading, from November 21, 2019 to December 05, 2019 FAST had a staggering 4,839,523 shares shorted while trading a total of 31,948,594 shares as show the on FAST short page.
Over the last twenty days of trading, from November 07, 2019 to December 05, 2019 FAST had a staggering 9,534,840 shares shorted while trading a total of 65,160,465 shares as show the on FAST 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 19 short day, 1 days with no change but 0 cover days.
Fastenal Company (NASDAQ: FAST) 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 FAST Short Squeeze.
Fastenal Company (NASDAQ: FAST) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||9,534,840|
|Total Actual Volume||65,160,465|
|Total Volume Discrepancy||49,820,601|
|No Change Days||1|
|Average Volume Discrepancy||2,491,030|
|Average Short Volume||476,742|
|Average Short Percentage||61%|
The Short Trend Indicator
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