Over the past twenty days of trading, Signet Jewelers Limited (NYSE: SIG), from November 14, 2019 to December 12, 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 SIG Short Squeeze.
Signet Jewelers Limited (NYSE: SIG) Short Squeeze Analysis
During the last five days of trading, from December 06, 2019 to December 12, 2019 SIG had a staggering 593,034 shares shorted while trading a total of 14,789,142 shares as show the on SIG short page.
The last ten days of trading, from November 29, 2019 to December 12, 2019 SIG had a staggering 1,391,479 shares shorted while trading a total of 29,592,252 shares as show the on SIG short page.
Over the last twenty days of trading, from November 14, 2019 to December 12, 2019 SIG had a staggering 1,896,530 shares shorted while trading a total of 46,743,289 shares as show the on SIG short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 6 short days, 4 days with no change but 0 cover days. The last twenty trading days there were 8 short day, 7 days with no change but 5 cover days.
Signet Jewelers Limited (NYSE: SIG) 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 SIG Short Squeeze.
Signet Jewelers Limited (NYSE: SIG) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,896,530|
|Total Actual Volume||46,743,289|
|Total Volume Discrepancy||42,543,481|
|No Change Days||7|
|Average Volume Discrepancy||2,127,174|
|Average Short Volume||94,826|
|Average Short Percentage||44%|
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.
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