Over the past twenty days of trading, Renewable Energy Group Inc. (NASDAQ: REGI), from October 29, 2019 to November 25, 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 REGI Short Squeeze.
Renewable Energy Group Inc. (NASDAQ: REGI) Short Squeeze Analysis
During the last five days of trading, from November 19, 2019 to November 25, 2019 REGI had a staggering 342,110 shares shorted while trading a total of 2,447,396 shares as show the on REGI short page.
The last ten days of trading, from November 12, 2019 to November 25, 2019 REGI had a staggering 652,060 shares shorted while trading a total of 4,833,903 shares as show the on REGI short page.
Over the last twenty days of trading, from October 29, 2019 to November 25, 2019 REGI had a staggering 1,279,529 shares shorted while trading a total of 11,288,828 shares as show the on REGI short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 7 short days, 2 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 6 days with no change but 5 cover days.
Renewable Energy Group Inc. (NASDAQ: REGI) 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 REGI Short Squeeze.
Renewable Energy Group Inc. (NASDAQ: REGI) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,279,529|
|Total Actual Volume||11,288,828|
|Total Volume Discrepancy||8,380,320|
|No Change Days||6|
|Average Volume Discrepancy||419,016|
|Average Short Volume||63,976|
|Average Short Percentage||45%|
The Short Trend Indicator
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