Over the past twenty days of trading, NetEase Inc. (NASDAQ: NTES), from March 23, 2020 to April 20, 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 NTES Short Squeeze.
NetEase Inc. (NASDAQ: NTES) Short Squeeze Analysis
During the last five days of trading, from April 14, 2020 to April 20, 2020 NTES had a staggering 265,160 shares shorted while trading a total of 2,497,310 shares as show the on NTES short page.
The last ten days of trading, from April 06, 2020 to April 20, 2020 NTES had a staggering 609,055 shares shorted while trading a total of 6,058,324 shares as show the on NTES short page.
Over the last twenty days of trading, from March 23, 2020 to April 20, 2020 NTES had a staggering 1,280,911 shares shorted while trading a total of 14,643,709 shares as show the on NTES short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 1 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 4 short day, 13 days with no change but 3 cover days.
NetEase Inc. (NASDAQ: NTES) 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 NTES Short Squeeze.
NetEase Inc. (NASDAQ: NTES) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,280,911|
|Total Actual Volume||14,643,709|
|Total Volume Discrepancy||11,573,068|
|No Change Days||13|
|Average Volume Discrepancy||578,653|
|Average Short Volume||64,045|
|Average Short Percentage||43%|
The Short Trend Indicator
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