Ruth’s Hospitality Group Inc. (NASDAQ:RUTH) Short Squeeze

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Over the past twenty days of trading, Ruth’s Hospitality Group Inc. (NASDAQ: RUTH), from January 16, 2020 to March 19, 2020 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 RUTH Short Squeeze.


Ruth’s Hospitality Group Inc. (NASDAQ: RUTH) Short Squeeze Analysis

During the last five days of trading, from February 07, 2020 to March 19, 2020 RUTH had a staggering 733,969 shares shorted while trading a total of 4,100,710 shares as show the on RUTH short page.

The last ten days of trading, from January 31, 2020 to March 19, 2020 RUTH had a staggering 1,002,505 shares shorted while trading a total of 5,751,785 shares as show the on RUTH short page.

Over the last twenty days of trading, from January 16, 2020 to March 19, 2020 RUTH had a staggering 1,381,696 shares shorted while trading a total of 8,949,961 shares as show the on RUTH short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 1 days with no change but 2 cover days. Over the last ten trading days there were 6 short days, 2 days with no change but 2 cover days. The last twenty trading days there were 12 short day, 4 days with no change but 4 cover days.


Ruth’s Hospitality Group Inc. (NASDAQ: RUTH) 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 RUTH Short Squeeze.


Ruth’s Hospitality Group Inc. (NASDAQ: RUTH) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,381,696
Total Actual Volume8,949,961
Total Volume Discrepancy6,379,466

Short Trends

Cover Days4
Short Days12
No Change Days4

Averages

Average Volume Discrepancy318,973
Average Short Volume69,084
Average Short Percentage50%

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

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