Over the past twenty days of trading, Harmonic Inc. (NASDAQ: HLIT), from October 22, 2019 to November 18, 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 HLIT Short Squeeze.
Harmonic Inc. (NASDAQ: HLIT) Short Squeeze Analysis
During the last five days of trading, from November 12, 2019 to November 18, 2019 HLIT had a staggering 948,294 shares shorted while trading a total of 5,118,867 shares as show the on HLIT short page.
The last ten days of trading, from November 05, 2019 to November 18, 2019 HLIT had a staggering 1,167,485 shares shorted while trading a total of 7,757,405 shares as show the on HLIT short page.
Over the last twenty days of trading, from October 22, 2019 to November 18, 2019 HLIT had a staggering 2,652,482 shares shorted while trading a total of 17,598,891 shares as show the on HLIT short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 3 short days, 6 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 9 days with no change but 2 cover days.
Harmonic Inc. (NASDAQ: HLIT) 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 HLIT Short Squeeze.
Harmonic Inc. (NASDAQ: HLIT) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,652,482|
|Total Actual Volume||17,598,891|
|Total Volume Discrepancy||12,294,086|
|No Change Days||9|
|Average Volume Discrepancy||614,704|
|Average Short Volume||132,624|
|Average Short Percentage||49%|
The Short Trend Indicator
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