NetScout Systems Inc. (NASDAQ:NTCT) Short Squeeze

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Over the past twenty days of trading, NetScout Systems Inc. (NASDAQ: NTCT), from January 22, 2020 to March 24, 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 NTCT Short Squeeze.


NetScout Systems Inc. (NASDAQ: NTCT) Short Squeeze Analysis

During the last five days of trading, from February 12, 2020 to March 24, 2020 NTCT had a staggering 250,795 shares shorted while trading a total of 3,310,206 shares as show the on NTCT short page.

The last ten days of trading, from February 05, 2020 to March 24, 2020 NTCT had a staggering 601,520 shares shorted while trading a total of 6,585,323 shares as show the on NTCT short page.

Over the last twenty days of trading, from January 22, 2020 to March 24, 2020 NTCT had a staggering 1,016,344 shares shorted while trading a total of 11,949,901 shares as show the on NTCT 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 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 6 short day, 9 days with no change but 5 cover days.


NetScout Systems Inc. (NASDAQ: NTCT) 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 NTCT Short Squeeze.


NetScout Systems Inc. (NASDAQ: NTCT) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,016,344
Total Actual Volume11,949,901
Total Volume Discrepancy9,714,481

Short Trends

Cover Days5
Short Days6
No Change Days9

Averages

Average Volume Discrepancy485,724
Average Short Volume50,817
Average Short Percentage43%

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