Fastenal Company (NASDAQ:FAST) Short Squeeze

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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 Volume9,534,840
Total Actual Volume65,160,465
Total Volume Discrepancy49,820,601

Short Trends

Cover Days0
Short Days19
No Change Days1

Averages

Average Volume Discrepancy2,491,030
Average Short Volume476,742
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 Fastenal Company (NASDAQ: FAST) and doed not buy, sell, or trade any shares of FAST. This article does not provide a professional analysis of a (FAST) financial position. (FAST) financial position and all other information regarding the featured Company should be verified directly with (FAST). Please read our full disclaimer for more detailed information.