Over the past twenty days of trading, Netflix Inc. (NASDAQ: NFLX), from March 21, 2024 to April 18, 2024 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 NFLX Short Squeeze.
Netflix Inc. (NASDAQ: NFLX) Short Squeeze Analysis
During the last five days of trading, from April 12, 2024 to April 18, 2024 NFLX had a staggering 2,989,996 shares shorted while trading a total of 21,344,414 shares as show the on NFLX short page.
The last ten days of trading, from April 05, 2024 to April 18, 2024 NFLX had a staggering 4,854,803 shares shorted while trading a total of 34,484,532 shares as show the on NFLX short page.
Over the last twenty days of trading, from March 21, 2024 to April 18, 2024 NFLX had a staggering 7,905,313 shares shorted while trading a total of 60,213,400 shares as show the on NFLX short page.
According to our proprietary algorithm during the last five trading days there were 0 short days, 5 days with no change but 0 cover days. Over the last ten trading days there were 1 short days, 9 days with no change but 0 cover days. The last twenty trading days there were 1 short day, 19 days with no change but 0 cover days.
Netflix Inc. (NASDAQ: NFLX) 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 NFLX Short Squeeze.
Netflix Inc. (NASDAQ: NFLX) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 7,905,313 |
| Total Actual Volume | 60,213,400 |
| Total Volume Discrepancy | 42,070,138 |
Short Trends
| Cover Days | 0 |
| Short Days | 1 |
| No Change Days | 19 |
Averages
| Average Volume Discrepancy | 2,103,506 |
| Average Short Volume | 395,265 |
| Average Short Percentage | 42% |
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.
Netflix Inc. (NASDAQ: NFLX) Chart
Disclaimer
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