Over the past twenty days of trading, Raytheon Company (NYSE: RTN), from September 27, 2019 to October 24, 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 RTN Short Squeeze.
Raytheon Company (NYSE: RTN) Short Squeeze Analysis
During the last five days of trading, from October 18, 2019 to October 24, 2019 RTN had a staggering 93,161 shares shorted while trading a total of 9,654,400 shares as show the on RTN short page.
The last ten days of trading, from October 11, 2019 to October 24, 2019 RTN had a staggering 167,368 shares shorted while trading a total of 17,632,787 shares as show the on RTN short page.
Over the last twenty days of trading, from September 27, 2019 to October 24, 2019 RTN had a staggering 376,489 shares shorted while trading a total of 36,865,336 shares as show the on RTN short page.
According to our proprietary algorithm during the last five trading days there were 0 short days, 4 days with no change but 1 cover days. Over the last ten trading days there were 2 short days, 7 days with no change but 1 cover days. The last twenty trading days there were 4 short day, 13 days with no change but 3 cover days.
Raytheon Company (NYSE: RTN) 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 RTN Short Squeeze.
Raytheon Company (NYSE: RTN) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||376,489|
|Total Actual Volume||36,865,336|
|Total Volume Discrepancy||35,808,555|
|No Change Days||13|
|Average Volume Discrepancy||1,790,427|
|Average Short Volume||18,824|
|Average Short Percentage||41%|
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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