Over the past twenty days of trading, Nordstrom Inc. (NYSE: JWN), from October 11, 2019 to November 07, 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 JWN Short Squeeze.
Nordstrom Inc. (NYSE: JWN) Short Squeeze Analysis
During the last five days of trading, from November 01, 2019 to November 07, 2019 JWN had a staggering 148,708 shares shorted while trading a total of 10,638,511 shares as show the on JWN short page.
The last ten days of trading, from October 25, 2019 to November 07, 2019 JWN had a staggering 414,716 shares shorted while trading a total of 24,946,884 shares as show the on JWN short page.
Over the last twenty days of trading, from October 11, 2019 to November 07, 2019 JWN had a staggering 895,542 shares shorted while trading a total of 49,708,758 shares as show the on JWN short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 3 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 11 short day, 8 days with no change but 1 cover days.
Nordstrom Inc. (NYSE: JWN) 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 JWN Short Squeeze.
Nordstrom Inc. (NYSE: JWN) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||895,542|
|Total Actual Volume||49,708,758|
|Total Volume Discrepancy||47,922,057|
|No Change Days||8|
|Average Volume Discrepancy||2,396,102|
|Average Short Volume||44,777|
|Average Short Percentage||49%|
The Short Trend Indicator
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