Over the past twenty days of trading, Rivian Automotive Inc. (NASDAQ: RIVN), from February 07, 2023 to March 07, 2023 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 RIVN Short Squeeze.
Rivian Automotive Inc. (NASDAQ: RIVN) Short Squeeze Analysis
During the last five days of trading, from March 01, 2023 to March 07, 2023 RIVN had a staggering 71,312,396 shares shorted while trading a total of 338,033,164 shares as show the on RIVN short page.
The last ten days of trading, from February 22, 2023 to March 07, 2023 RIVN had a staggering 88,100,814 shares shorted while trading a total of 457,351,203 shares as show the on RIVN short page.
Over the last twenty days of trading, from February 07, 2023 to March 07, 2023 RIVN had a staggering 113,564,076 shares shorted while trading a total of 651,485,251 shares as show the on RIVN 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 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 16 short day, 4 days with no change but 0 cover days.
Rivian Automotive Inc. (NASDAQ: RIVN) 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 RIVN Short Squeeze.
Rivian Automotive Inc. (NASDAQ: RIVN) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 113,564,076 |
| Total Actual Volume | 651,485,251 |
| Total Volume Discrepancy | 475,633,931 |
Short Trends
| Cover Days | 0 |
| Short Days | 16 |
| No Change Days | 4 |
Averages
| Average Volume Discrepancy | 23,781,696 |
| Average Short Volume | 5,678,203 |
| Average Short Percentage | 58% |
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.
Rivian Automotive Inc. (NASDAQ: RIVN) Chart
Disclaimer
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