Pinduoduo Inc. (NASDAQ:PDD) Short Squeeze

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Over the past twenty days of trading, Pinduoduo Inc. (NASDAQ: PDD), 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 PDD Short Squeeze.


Pinduoduo Inc. (NASDAQ: PDD) Short Squeeze Analysis

During the last five days of trading, from October 16, 2019 to October 22, 2019 PDD had a staggering 2,908,992 shares shorted while trading a total of 20,034,958 shares as show the on PDD short page.

The last ten days of trading, from October 09, 2019 to October 22, 2019 PDD had a staggering 5,688,258 shares shorted while trading a total of 40,496,573 shares as show the on PDD short page.

Over the last twenty days of trading, from September 25, 2019 to October 22, 2019 PDD had a staggering 17,380,314 shares shorted while trading a total of 113,232,003 shares as show the on PDD 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 4 short days, 6 days with no change but 0 cover days. The last twenty trading days there were 9 short day, 10 days with no change but 1 cover days.


Pinduoduo Inc. (NASDAQ: PDD) 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 PDD Short Squeeze.


Pinduoduo Inc. (NASDAQ: PDD) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume17,380,314
Total Actual Volume113,232,003
Total Volume Discrepancy81,337,248

Short Trends

Cover Days1
Short Days9
No Change Days10

Averages

Average Volume Discrepancy4,066,862
Average Short Volume869,015
Average Short Percentage51%

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