Over the past twenty days of trading, Roku Inc. (NASDAQ: ROKU), from October 04, 2019 to October 31, 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 ROKU Short Squeeze.
Roku Inc. (NASDAQ: ROKU) Short Squeeze Analysis
During the last five days of trading, from October 25, 2019 to October 31, 2019 ROKU had a staggering 11,888,057 shares shorted while trading a total of 75,540,058 shares as show the on ROKU short page.
The last ten days of trading, from October 18, 2019 to October 31, 2019 ROKU had a staggering 27,477,183 shares shorted while trading a total of 162,634,856 shares as show the on ROKU short page.
Over the last twenty days of trading, from October 04, 2019 to October 31, 2019 ROKU had a staggering 64,106,213 shares shorted while trading a total of 379,765,589 shares as show the on ROKU 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 10 short days, 0 days with no change but 0 cover days. The last twenty trading days there were 20 short day, 0 days with no change but 0 cover days.
Roku Inc. (NASDAQ: ROKU) 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 ROKU Short Squeeze.
Roku Inc. (NASDAQ: ROKU) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||64,106,213|
|Total Actual Volume||379,765,589|
|Total Volume Discrepancy||276,577,196|
|No Change Days||0|
|Average Volume Discrepancy||13,828,859|
|Average Short Volume||3,205,310|
|Average Short Percentage||61%|
The Short Trend Indicator
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