Over the past twenty days of trading, Pluralsight Inc. (NASDAQ: PS), from April 02, 2020 to April 30, 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 PS Short Squeeze.
Pluralsight Inc. (NASDAQ: PS) Short Squeeze Analysis
During the last five days of trading, from April 24, 2020 to April 30, 2020 PS had a staggering 1,299,971 shares shorted while trading a total of 9,206,250 shares as show the on PS short page.
The last ten days of trading, from April 17, 2020 to April 30, 2020 PS had a staggering 2,551,928 shares shorted while trading a total of 15,746,596 shares as show the on PS short page.
Over the last twenty days of trading, from April 02, 2020 to April 30, 2020 PS had a staggering 4,410,008 shares shorted while trading a total of 32,425,848 shares as show the on PS 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 8 short days, 1 days with no change but 1 cover days. The last twenty trading days there were 10 short day, 3 days with no change but 7 cover days.
Pluralsight Inc. (NASDAQ: PS) 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 PS Short Squeeze.
Pluralsight Inc. (NASDAQ: PS) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||4,410,008|
|Total Actual Volume||32,425,848|
|Total Volume Discrepancy||22,697,953|
|No Change Days||3|
|Average Volume Discrepancy||1,134,897|
|Average Short Volume||220,500|
|Average Short Percentage||46%|
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.
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