Over the past twenty days of trading, Finisar Corporation (NASDAQ: FNSR), from August 23, 2019 to September 23, 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 FNSR Short Squeeze.
Finisar Corporation (NASDAQ: FNSR) Short Squeeze Analysis
During the last five days of trading, from September 16, 2019 to September 23, 2019 FNSR had a staggering 2,438,205 shares shorted while trading a total of 17,921,389 shares as show the on FNSR short page.
The last ten days of trading, from September 09, 2019 to September 23, 2019 FNSR had a staggering 3,581,759 shares shorted while trading a total of 24,420,010 shares as show the on FNSR short page.
Over the last twenty days of trading, from August 23, 2019 to September 23, 2019 FNSR had a staggering 4,960,664 shares shorted while trading a total of 35,301,897 shares as show the on FNSR 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 6 short days, 3 days with no change but 1 cover days. The last twenty trading days there were 13 short day, 5 days with no change but 2 cover days.
Finisar Corporation (NASDAQ: FNSR) 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 FNSR Short Squeeze.
Finisar Corporation (NASDAQ: FNSR) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||4,960,664|
|Total Actual Volume||35,301,897|
|Total Volume Discrepancy||26,905,466|
|No Change Days||5|
|Average Volume Discrepancy||1,345,273|
|Average Short Volume||248,033|
|Average Short Percentage||57%|
The Short Trend Indicator
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