Flex Ltd. (NASDAQ:FLEX) Short Squeeze

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Over the past twenty days of trading, Flex Ltd. (NASDAQ: FLEX), from April 22, 2020 to May 19, 2020 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 FLEX Short Squeeze.


Flex Ltd. (NASDAQ: FLEX) Short Squeeze Analysis

During the last five days of trading, from May 13, 2020 to May 19, 2020 FLEX had a staggering 4,688,313 shares shorted while trading a total of 29,114,568 shares as show the on FLEX short page.

The last ten days of trading, from May 06, 2020 to May 19, 2020 FLEX had a staggering 8,223,784 shares shorted while trading a total of 56,999,478 shares as show the on FLEX short page.

Over the last twenty days of trading, from April 22, 2020 to May 19, 2020 FLEX had a staggering 12,871,557 shares shorted while trading a total of 97,822,055 shares as show the on FLEX short page.

According to our proprietary algorithm during the last five trading days there were 4 short days, 0 days with no change but 1 cover days. Over the last ten trading days there were 6 short days, 1 days with no change but 3 cover days. The last twenty trading days there were 8 short day, 5 days with no change but 7 cover days.


Flex Ltd. (NASDAQ: FLEX) 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 FLEX Short Squeeze.


Flex Ltd. (NASDAQ: FLEX) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume12,871,557
Total Actual Volume97,822,055
Total Volume Discrepancy64,711,359

Short Trends

Cover Days7
Short Days8
No Change Days5

Averages

Average Volume Discrepancy3,235,567
Average Short Volume643,577
Average Short Percentage40%

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