New Age Beverages Corporation (NASDAQ:NBEV) Short Squeeze

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squeeze report news post

Over the past twenty days of trading, New Age Beverages Corporation (NASDAQ: NBEV), from October 04, 2019 to October 31, 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 NBEV Short Squeeze.


New Age Beverages Corporation (NASDAQ: NBEV) Short Squeeze Analysis

During the last five days of trading, from October 25, 2019 to October 31, 2019 NBEV had a staggering 940,007 shares shorted while trading a total of 4,461,244 shares as show the on NBEV short page.

The last ten days of trading, from October 18, 2019 to October 31, 2019 NBEV had a staggering 2,646,931 shares shorted while trading a total of 11,132,479 shares as show the on NBEV short page.

Over the last twenty days of trading, from October 04, 2019 to October 31, 2019 NBEV had a staggering 10,291,301 shares shorted while trading a total of 45,295,750 shares as show the on NBEV 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 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 18 short day, 2 days with no change but 0 cover days.


New Age Beverages Corporation (NASDAQ: NBEV) 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 NBEV Short Squeeze.


New Age Beverages Corporation (NASDAQ: NBEV) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume10,291,301
Total Actual Volume45,295,750
Total Volume Discrepancy29,389,259

Short Trends

Cover Days0
Short Days18
No Change Days2

Averages

Average Volume Discrepancy1,469,462
Average Short Volume514,565
Average Short Percentage61%

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