Limelight Networks Inc. (NASDAQ:LLNW) Short Squeeze

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Over the past twenty days of trading, Limelight Networks Inc. (NASDAQ: LLNW), from April 09, 2020 to May 07, 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 LLNW Short Squeeze.


Limelight Networks Inc. (NASDAQ: LLNW) Short Squeeze Analysis

During the last five days of trading, from May 01, 2020 to May 07, 2020 LLNW had a staggering 924,326 shares shorted while trading a total of 7,467,287 shares as show the on LLNW short page.

The last ten days of trading, from April 24, 2020 to May 07, 2020 LLNW had a staggering 3,364,310 shares shorted while trading a total of 25,763,320 shares as show the on LLNW short page.

Over the last twenty days of trading, from April 09, 2020 to May 07, 2020 LLNW had a staggering 7,177,442 shares shorted while trading a total of 54,203,324 shares as show the on LLNW short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 3 short days, 7 days with no change but 0 cover days. The last twenty trading days there were 6 short day, 9 days with no change but 5 cover days.


Limelight Networks Inc. (NASDAQ: LLNW) 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 LLNW Short Squeeze.


Limelight Networks Inc. (NASDAQ: LLNW) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume7,177,442
Total Actual Volume54,203,324
Total Volume Discrepancy36,918,889

Short Trends

Cover Days5
Short Days6
No Change Days9

Averages

Average Volume Discrepancy1,845,944
Average Short Volume358,872
Average Short Percentage44%

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