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 Volume||12,871,557|
|Total Actual Volume||97,822,055|
|Total Volume Discrepancy||64,711,359|
|No Change Days||5|
|Average Volume Discrepancy||3,235,567|
|Average Short Volume||643,577|
|Average Short Percentage||40%|
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.
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