Salesforce.com Inc (NYSE:CRM) Short Squeeze

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Over the past twenty days of trading, Salesforce.com Inc (NYSE: CRM), from September 20, 2019 to October 17, 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 CRM Short Squeeze.


Salesforce.com Inc (NYSE: CRM) Short Squeeze Analysis

During the last five days of trading, from October 11, 2019 to October 17, 2019 CRM had a staggering 781,697 shares shorted while trading a total of 22,605,137 shares as show the on CRM short page.

The last ten days of trading, from October 04, 2019 to October 17, 2019 CRM had a staggering 1,078,805 shares shorted while trading a total of 36,324,920 shares as show the on CRM short page.

Over the last twenty days of trading, from September 20, 2019 to October 17, 2019 CRM had a staggering 2,183,126 shares shorted while trading a total of 84,454,306 shares as show the on CRM short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 5 short days, 5 days with no change but 0 cover days. The last twenty trading days there were 9 short day, 10 days with no change but 1 cover days.


Salesforce.com Inc (NYSE: CRM) 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 CRM Short Squeeze.


Salesforce.com Inc (NYSE: CRM) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,183,126
Total Actual Volume84,454,306
Total Volume Discrepancy80,237,377

Short Trends

Cover Days1
Short Days9
No Change Days10

Averages

Average Volume Discrepancy4,011,868
Average Short Volume109,156
Average Short Percentage48%

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