Gogo Inc. (NASDAQ:GOGO) Short Squeeze

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Over the past twenty days of trading, Gogo Inc. (NASDAQ: GOGO), from May 08, 2020 to June 05, 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 GOGO Short Squeeze.


Gogo Inc. (NASDAQ: GOGO) Short Squeeze Analysis

During the last five days of trading, from June 01, 2020 to June 05, 2020 GOGO had a staggering 3,748,607 shares shorted while trading a total of 24,159,344 shares as show the on GOGO short page.

The last ten days of trading, from May 22, 2020 to June 05, 2020 GOGO had a staggering 5,618,355 shares shorted while trading a total of 34,018,709 shares as show the on GOGO short page.

Over the last twenty days of trading, from May 08, 2020 to June 05, 2020 GOGO had a staggering 10,200,575 shares shorted while trading a total of 62,639,365 shares as show the on GOGO 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 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 12 short day, 6 days with no change but 2 cover days.


Gogo Inc. (NASDAQ: GOGO) 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 GOGO Short Squeeze.


Gogo Inc. (NASDAQ: GOGO) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume10,200,575
Total Actual Volume62,639,365
Total Volume Discrepancy42,987,352

Short Trends

Cover Days2
Short Days12
No Change Days6

Averages

Average Volume Discrepancy2,149,367
Average Short Volume510,028
Average Short Percentage52%

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