Manhattan Associates Inc. (NASDAQ:MANH) Short Squeeze

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Over the past twenty days of trading, Manhattan Associates Inc. (NASDAQ: MANH), from November 12, 2019 to December 10, 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 MANH Short Squeeze.


Manhattan Associates Inc. (NASDAQ: MANH) Short Squeeze Analysis

During the last five days of trading, from December 04, 2019 to December 10, 2019 MANH had a staggering 305,862 shares shorted while trading a total of 2,919,258 shares as show the on MANH short page.

The last ten days of trading, from November 26, 2019 to December 10, 2019 MANH had a staggering 645,379 shares shorted while trading a total of 5,029,574 shares as show the on MANH short page.

Over the last twenty days of trading, from November 12, 2019 to December 10, 2019 MANH had a staggering 1,066,134 shares shorted while trading a total of 8,654,439 shares as show the on MANH 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 8 short days, 2 days with no change but 0 cover days. The last twenty trading days there were 12 short day, 8 days with no change but 0 cover days.


Manhattan Associates Inc. (NASDAQ: MANH) 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 MANH Short Squeeze.


Manhattan Associates Inc. (NASDAQ: MANH) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,066,134
Total Actual Volume8,654,439
Total Volume Discrepancy6,839,663

Short Trends

Cover Days0
Short Days12
No Change Days8

Averages

Average Volume Discrepancy341,983
Average Short Volume53,306
Average Short Percentage58%

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