Independent Bank Group Inc (NASDAQ:IBTX) Short Squeeze

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Over the past twenty days of trading, Independent Bank Group Inc (NASDAQ: IBTX), from January 07, 2020 to February 04, 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 IBTX Short Squeeze.


Independent Bank Group Inc (NASDAQ: IBTX) Short Squeeze Analysis

During the last five days of trading, from January 29, 2020 to February 04, 2020 IBTX had a staggering 268,805 shares shorted while trading a total of 2,892,167 shares as show the on IBTX short page.

The last ten days of trading, from January 22, 2020 to February 04, 2020 IBTX had a staggering 563,875 shares shorted while trading a total of 5,419,558 shares as show the on IBTX short page.

Over the last twenty days of trading, from January 07, 2020 to February 04, 2020 IBTX had a staggering 906,283 shares shorted while trading a total of 9,531,069 shares as show the on IBTX short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 1 days with no change but 3 cover days. Over the last ten trading days there were 3 short days, 3 days with no change but 4 cover days. The last twenty trading days there were 7 short day, 7 days with no change but 6 cover days.


Independent Bank Group Inc (NASDAQ: IBTX) 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 IBTX Short Squeeze.


Independent Bank Group Inc (NASDAQ: IBTX) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume906,283
Total Actual Volume9,531,069
Total Volume Discrepancy7,530,437

Short Trends

Cover Days6
Short Days7
No Change Days7

Averages

Average Volume Discrepancy376,521
Average Short Volume45,314
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 Independent Bank Group Inc (NASDAQ: IBTX) and doed not buy, sell, or trade any shares of IBTX. This article does not provide a professional analysis of a (IBTX) financial position. (IBTX) financial position and all other information regarding the featured Company should be verified directly with (IBTX). Please read our full disclaimer for more detailed information.