Over the past twenty days of trading, Ideanomics Inc. (NASDAQ: IDEX), from July 28, 2020 to August 24, 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 IDEX Short Squeeze.
Ideanomics Inc. (NASDAQ: IDEX) Short Squeeze Analysis
During the last five days of trading, from August 18, 2020 to August 24, 2020 IDEX had a staggering 9,978,515 shares shorted while trading a total of 52,265,286 shares as show the on IDEX short page.
The last ten days of trading, from August 11, 2020 to August 24, 2020 IDEX had a staggering 20,955,850 shares shorted while trading a total of 110,040,514 shares as show the on IDEX short page.
Over the last twenty days of trading, from July 28, 2020 to August 24, 2020 IDEX had a staggering 49,254,891 shares shorted while trading a total of 254,750,517 shares as show the on IDEX 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 6 short days, 4 days with no change but 0 cover days. The last twenty trading days there were 15 short day, 5 days with no change but 0 cover days.
Ideanomics Inc. (NASDAQ: IDEX) 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 IDEX Short Squeeze.
Ideanomics Inc. (NASDAQ: IDEX) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||49,254,891|
|Total Actual Volume||254,750,517|
|Total Volume Discrepancy||161,441,336|
|No Change Days||5|
|Average Volume Discrepancy||8,072,066|
|Average Short Volume||2,462,744|
|Average Short Percentage||52%|
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.
Ideanomics Inc. (NASDAQ: IDEX) Chart
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