Intuit Inc. (NASDAQ:INTU) Short Squeeze

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Over the past twenty days of trading, Intuit Inc. (NASDAQ: INTU), 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 INTU Short Squeeze.


Intuit Inc. (NASDAQ: INTU) Short Squeeze Analysis

During the last five days of trading, from November 12, 2019 to November 18, 2019 INTU had a staggering 647,247 shares shorted while trading a total of 6,587,261 shares as show the on INTU short page.

The last ten days of trading, from November 05, 2019 to November 18, 2019 INTU had a staggering 1,107,080 shares shorted while trading a total of 13,341,971 shares as show the on INTU short page.

Over the last twenty days of trading, from October 22, 2019 to November 18, 2019 INTU had a staggering 1,992,616 shares shorted while trading a total of 24,931,963 shares as show the on INTU 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 1 short days, 3 days with no change but 6 cover days. The last twenty trading days there were 2 short day, 5 days with no change but 13 cover days.


Intuit Inc. (NASDAQ: INTU) 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 INTU Short Squeeze.


Intuit Inc. (NASDAQ: INTU) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,992,616
Total Actual Volume24,931,963
Total Volume Discrepancy18,780,896

Short Trends

Cover Days13
Short Days2
No Change Days5

Averages

Average Volume Discrepancy939,044
Average Short Volume99,630
Average Short Percentage33%

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