Home Short Squeeze J.C. Penney Company Inc. (NYSE:JCP) Short Squeeze

J.C. Penney Company Inc. (NYSE:JCP) Short Squeeze

0
squeeze report news post

Over the past twenty days of trading, J.C. Penney Company Inc. (NYSE: JCP), from December 24, 2019 to January 23, 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 JCP Short Squeeze.


J.C. Penney Company Inc. (NYSE: JCP) Short Squeeze Analysis

During the last five days of trading, from January 16, 2020 to January 23, 2020 JCP had a staggering 7,254,426 shares shorted while trading a total of 39,708,114 shares as show the on JCP short page.

The last ten days of trading, from January 09, 2020 to January 23, 2020 JCP had a staggering 18,844,910 shares shorted while trading a total of 116,808,891 shares as show the on JCP short page.

Over the last twenty days of trading, from December 24, 2019 to January 23, 2020 JCP had a staggering 21,920,310 shares shorted while trading a total of 174,918,149 shares as show the on JCP short page.

According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 9 short day, 4 days with no change but 7 cover days.


J.C. Penney Company Inc. (NYSE: JCP) 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 JCP Short Squeeze.


J.C. Penney Company Inc. (NYSE: JCP) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume21,920,310
Total Actual Volume174,918,149
Total Volume Discrepancy129,849,815

Short Trends

Cover Days7
Short Days9
No Change Days4

Averages

Average Volume Discrepancy6,492,490
Average Short Volume1,096,015
Average Short Percentage42%

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