Luckin Coffee Inc. (NYSE:LK) Short Squeeze

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Over the past twenty days of trading, Luckin Coffee Inc. (NYSE: LK), from September 13, 2019 to October 11, 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 LK Short Squeeze.


Luckin Coffee Inc. (NYSE: LK) Short Squeeze Analysis

During the last five days of trading, from October 07, 2019 to October 11, 2019 LK had a staggering 318,940 shares shorted while trading a total of 6,952,177 shares as show the on LK short page.

The last ten days of trading, from September 30, 2019 to October 11, 2019 LK had a staggering 1,040,514 shares shorted while trading a total of 20,480,014 shares as show the on LK short page.

Over the last twenty days of trading, from September 13, 2019 to October 11, 2019 LK had a staggering 3,158,259 shares shorted while trading a total of 49,915,667 shares as show the on LK short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 3 days with no change but 1 cover days. Over the last ten trading days there were 4 short days, 5 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 10 days with no change but 1 cover days.


Luckin Coffee Inc. (NYSE: LK) 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 LK Short Squeeze.


Luckin Coffee Inc. (NYSE: LK) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume3,158,259
Total Actual Volume49,915,667
Total Volume Discrepancy43,624,971

Short Trends

Cover Days1
Short Days9
No Change Days10

Averages

Average Volume Discrepancy2,181,248
Average Short Volume157,912
Average Short Percentage50%

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