SLM Corporation (NASDAQ:SLM) Short Squeeze

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Over the past twenty days of trading, SLM Corporation (NASDAQ: SLM), from December 24, 2019 to January 23, 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 SLM Short Squeeze.


SLM Corporation (NASDAQ: SLM) Short Squeeze Analysis

During the last five days of trading, from January 16, 2020 to January 23, 2020 SLM had a staggering 4,977,350 shares shorted while trading a total of 41,932,477 shares as show the on SLM short page.

The last ten days of trading, from January 09, 2020 to January 23, 2020 SLM had a staggering 6,381,438 shares shorted while trading a total of 57,399,097 shares as show the on SLM short page.

Over the last twenty days of trading, from December 24, 2019 to January 23, 2020 SLM had a staggering 8,752,870 shares shorted while trading a total of 83,336,438 shares as show the on SLM short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 7 short day, 9 days with no change but 4 cover days.


SLM Corporation (NASDAQ: SLM) 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 SLM Short Squeeze.


SLM Corporation (NASDAQ: SLM) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume8,752,870
Total Actual Volume83,336,438
Total Volume Discrepancy59,761,541

Short Trends

Cover Days4
Short Days7
No Change Days9

Averages

Average Volume Discrepancy2,988,077
Average Short Volume437,643
Average Short Percentage43%

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