Finisar Corporation (NASDAQ:FNSR) Short Squeeze

squeeze report news post

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 Volume4,960,664
Total Actual Volume35,301,897
Total Volume Discrepancy26,905,466

Short Trends

Cover Days2
Short Days13
No Change Days5

Averages

Average Volume Discrepancy1,345,273
Average Short Volume248,033
Average Short Percentage57%

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