Gentex Corporation (NASDAQ:GNTX) Short Squeeze

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squeeze report news post

Over the past twenty days of trading, Gentex Corporation (NASDAQ: GNTX), from October 01, 2019 to October 28, 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 GNTX Short Squeeze.


Gentex Corporation (NASDAQ: GNTX) Short Squeeze Analysis

During the last five days of trading, from October 22, 2019 to October 28, 2019 GNTX had a staggering 903,085 shares shorted while trading a total of 6,517,569 shares as show the on GNTX short page.

The last ten days of trading, from October 15, 2019 to October 28, 2019 GNTX had a staggering 2,298,281 shares shorted while trading a total of 18,126,193 shares as show the on GNTX short page.

Over the last twenty days of trading, from October 01, 2019 to October 28, 2019 GNTX had a staggering 3,731,329 shares shorted while trading a total of 32,530,322 shares as show the on GNTX short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 5 short days, 5 days with no change but 0 cover days. The last twenty trading days there were 7 short day, 8 days with no change but 5 cover days.


Gentex Corporation (NASDAQ: GNTX) 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 GNTX Short Squeeze.


Gentex Corporation (NASDAQ: GNTX) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume3,731,329
Total Actual Volume32,530,322
Total Volume Discrepancy24,326,309

Short Trends

Cover Days5
Short Days7
No Change Days8

Averages

Average Volume Discrepancy1,216,315
Average Short Volume186,566
Average Short Percentage43%

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