Skechers U.S.A. Inc. (NYSE:SKX) Short Squeeze

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Over the past twenty days of trading, Skechers U.S.A. Inc. (NYSE: SKX), 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 SKX Short Squeeze.


Skechers U.S.A. Inc. (NYSE: SKX) Short Squeeze Analysis

During the last five days of trading, from October 25, 2019 to October 31, 2019 SKX had a staggering 67,667 shares shorted while trading a total of 6,565,350 shares as show the on SKX short page.

The last ten days of trading, from October 18, 2019 to October 31, 2019 SKX had a staggering 474,622 shares shorted while trading a total of 20,239,129 shares as show the on SKX short page.

Over the last twenty days of trading, from October 04, 2019 to October 31, 2019 SKX had a staggering 724,260 shares shorted while trading a total of 36,144,289 shares as show the on SKX short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 1 days with no change but 3 cover days. Over the last ten trading days there were 3 short days, 3 days with no change but 4 cover days. The last twenty trading days there were 9 short day, 5 days with no change but 6 cover days.


Skechers U.S.A. Inc. (NYSE: SKX) 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 SKX Short Squeeze.


Skechers U.S.A. Inc. (NYSE: SKX) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume724,260
Total Actual Volume36,144,289
Total Volume Discrepancy34,752,848

Short Trends

Cover Days6
Short Days9
No Change Days5

Averages

Average Volume Discrepancy1,737,642
Average Short Volume36,213
Average Short Percentage47%

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