ForeScout Technologies Inc. (NASDAQ:FSCT) Short Squeeze

squeeze report news post

Over the past twenty days of trading, ForeScout Technologies Inc. (NASDAQ: FSCT), from October 04, 2019 to October 31, 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 FSCT Short Squeeze.


ForeScout Technologies Inc. (NASDAQ: FSCT) Short Squeeze Analysis

During the last five days of trading, from October 25, 2019 to October 31, 2019 FSCT had a staggering 301,937 shares shorted while trading a total of 2,669,278 shares as show the on FSCT short page.

The last ten days of trading, from October 18, 2019 to October 31, 2019 FSCT had a staggering 1,291,664 shares shorted while trading a total of 7,540,589 shares as show the on FSCT short page.

Over the last twenty days of trading, from October 04, 2019 to October 31, 2019 FSCT had a staggering 3,579,528 shares shorted while trading a total of 21,970,355 shares as show the on FSCT short page.

According to our proprietary algorithm during the last five trading days there were 0 short days, 2 days with no change but 3 cover days. Over the last ten trading days there were 4 short days, 3 days with no change but 3 cover days. The last twenty trading days there were 9 short day, 6 days with no change but 5 cover days.


ForeScout Technologies Inc. (NASDAQ: FSCT) 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 FSCT Short Squeeze.


ForeScout Technologies Inc. (NASDAQ: FSCT) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume3,579,528
Total Actual Volume21,970,355
Total Volume Discrepancy13,731,171

Short Trends

Cover Days5
Short Days9
No Change Days6

Averages

Average Volume Discrepancy686,558
Average Short Volume178,976
Average Short Percentage45%

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