Redfin Corporation (NASDAQ:RDFN) Short Squeeze

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Over the past twenty days of trading, Redfin Corporation (NASDAQ: RDFN), from November 26, 2019 to December 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 RDFN Short Squeeze.


Redfin Corporation (NASDAQ: RDFN) Short Squeeze Analysis

During the last five days of trading, from December 18, 2019 to December 24, 2019 RDFN had a staggering 572,159 shares shorted while trading a total of 3,410,105 shares as show the on RDFN short page.

The last ten days of trading, from December 11, 2019 to December 24, 2019 RDFN had a staggering 1,011,361 shares shorted while trading a total of 6,459,473 shares as show the on RDFN short page.

Over the last twenty days of trading, from November 26, 2019 to December 24, 2019 RDFN had a staggering 1,825,344 shares shorted while trading a total of 15,189,207 shares as show the on RDFN short page.

According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 8 short day, 5 days with no change but 7 cover days.


Redfin Corporation (NASDAQ: RDFN) 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 RDFN Short Squeeze.


Redfin Corporation (NASDAQ: RDFN) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,825,344
Total Actual Volume15,189,207
Total Volume Discrepancy10,538,762

Short Trends

Cover Days7
Short Days8
No Change Days5

Averages

Average Volume Discrepancy526,938
Average Short Volume91,267
Average Short Percentage43%

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