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 Volume||1,066,134|
|Total Actual Volume||8,654,439|
|Total Volume Discrepancy||6,839,663|
|No Change Days||8|
|Average Volume Discrepancy||341,983|
|Average Short Volume||53,306|
|Average Short Percentage||58%|
The Short Trend Indicator
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