Over the past twenty days of trading, Lam Research Corporation (NASDAQ: LRCX), from May 16, 2024 to June 13, 2024 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 LRCX Short Squeeze.
Lam Research Corporation (NASDAQ: LRCX) Short Squeeze Analysis
During the last five days of trading, from June 07, 2024 to June 13, 2024 LRCX had a staggering 613,024 shares shorted while trading a total of 4,720,979 shares as show the on LRCX short page.
The last ten days of trading, from May 31, 2024 to June 13, 2024 LRCX had a staggering 1,270,631 shares shorted while trading a total of 9,599,100 shares as show the on LRCX short page.
Over the last twenty days of trading, from May 16, 2024 to June 13, 2024 LRCX had a staggering 2,513,691 shares shorted while trading a total of 19,014,533 shares as show the on LRCX 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 5 short days, 5 days with no change but 0 cover days. The last twenty trading days there were 10 short day, 9 days with no change but 1 cover days.
Lam Research Corporation (NASDAQ: LRCX) 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 LRCX Short Squeeze.
Lam Research Corporation (NASDAQ: LRCX) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 2,513,691 |
| Total Actual Volume | 19,014,533 |
| Total Volume Discrepancy | 13,746,034 |
Short Trends
| Cover Days | 1 |
| Short Days | 10 |
| No Change Days | 9 |
Averages
| Average Volume Discrepancy | 687,301 |
| Average Short Volume | 125,684 |
| Average Short Percentage | 48% |
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.
Lam Research Corporation (NASDAQ: LRCX) Chart
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 Lam Research Corporation (NASDAQ: LRCX) and does not buy, sell, or trade any shares of LRCX. This article does not provide a professional analysis of a (LRCX) financial position. (LRCX) financial position and all other information regarding the featured Company should be verified directly with (LRCX). Squeeze Report has received none USD from N/A for Brand Awareness Distribution, Corporate Communications, News, Press Release Enhancement and Social Media Solutions starting N/A ending N/A. Please read our full disclaimer for more detailed information.
