Signet Jewelers Limited (NYSE:SIG) Short Squeeze

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squeeze report news post

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 Volume1,896,530
Total Actual Volume46,743,289
Total Volume Discrepancy42,543,481

Short Trends

Cover Days5
Short Days8
No Change Days7

Averages

Average Volume Discrepancy2,127,174
Average Short Volume94,826
Average Short Percentage44%

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