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 Volume||3,158,259|
|Total Actual Volume||49,915,667|
|Total Volume Discrepancy||43,624,971|
|No Change Days||10|
|Average Volume Discrepancy||2,181,248|
|Average Short Volume||157,912|
|Average Short Percentage||50%|
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.
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