Over the past twenty days of trading, NETGEAR Inc. (NASDAQ: NTGR), from September 25, 2019 to October 22, 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 NTGR Short Squeeze.
NETGEAR Inc. (NASDAQ: NTGR) Short Squeeze Analysis
During the last five days of trading, from October 16, 2019 to October 22, 2019 NTGR had a staggering 197,238 shares shorted while trading a total of 1,260,762 shares as show the on NTGR short page.
The last ten days of trading, from October 09, 2019 to October 22, 2019 NTGR had a staggering 435,050 shares shorted while trading a total of 2,752,513 shares as show the on NTGR short page.
Over the last twenty days of trading, from September 25, 2019 to October 22, 2019 NTGR had a staggering 1,000,823 shares shorted while trading a total of 7,083,585 shares as show the on NTGR short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 15 short day, 4 days with no change but 1 cover days.
NETGEAR Inc. (NASDAQ: NTGR) 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 NTGR Short Squeeze.
NETGEAR Inc. (NASDAQ: NTGR) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,000,823|
|Total Actual Volume||7,083,585|
|Total Volume Discrepancy||5,443,377|
|No Change Days||4|
|Average Volume Discrepancy||272,168|
|Average Short Volume||50,041|
|Average Short Percentage||60%|
The Short Trend Indicator
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