Plug Power Inc. (NASDAQ:PLUG) Short Squeeze

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Over the past twenty days of trading, Plug Power Inc. (NASDAQ: PLUG), from October 30, 2019 to November 26, 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 PLUG Short Squeeze.


Plug Power Inc. (NASDAQ: PLUG) Short Squeeze Analysis

During the last five days of trading, from November 20, 2019 to November 26, 2019 PLUG had a staggering 6,606,840 shares shorted while trading a total of 49,906,266 shares as show the on PLUG short page.

The last ten days of trading, from November 13, 2019 to November 26, 2019 PLUG had a staggering 17,859,150 shares shorted while trading a total of 132,319,593 shares as show the on PLUG short page.

Over the last twenty days of trading, from October 30, 2019 to November 26, 2019 PLUG had a staggering 27,533,114 shares shorted while trading a total of 198,675,381 shares as show the on PLUG 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, 5 days with no change but 0 cover days. The last twenty trading days there were 14 short day, 6 days with no change but 0 cover days.


Plug Power Inc. (NASDAQ: PLUG) 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 PLUG Short Squeeze.


Plug Power Inc. (NASDAQ: PLUG) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume27,533,114
Total Actual Volume198,675,381
Total Volume Discrepancy146,367,494

Short Trends

Cover Days0
Short Days14
No Change Days6

Averages

Average Volume Discrepancy7,318,374
Average Short Volume1,376,655
Average Short Percentage54%

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