SmileDirectClub, Inc. – Ordinary Shares – Class A (NYSE:SDC) Short Squeeze

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Over the past twenty days of trading, SmileDirectClub, Inc. – Ordinary Shares – Class A (NYSE: SDC), from December 05, 2019 to January 03, 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 SDC Short Squeeze.


SmileDirectClub, Inc. – Ordinary Shares – Class A (NYSE: SDC) Short Squeeze Analysis

During the last five days of trading, from December 27, 2019 to January 03, 2020 SDC had a staggering 2,324,136 shares shorted while trading a total of 23,688,458 shares as show the on SDC short page.

The last ten days of trading, from December 19, 2019 to January 03, 2020 SDC had a staggering 4,812,335 shares shorted while trading a total of 55,582,930 shares as show the on SDC short page.

Over the last twenty days of trading, from December 05, 2019 to January 03, 2020 SDC had a staggering 9,562,192 shares shorted while trading a total of 102,902,538 shares as show the on SDC 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 6 short days, 2 days with no change but 2 cover days. The last twenty trading days there were 13 short day, 5 days with no change but 2 cover days.


SmileDirectClub, Inc. – Ordinary Shares – Class A (NYSE: SDC) 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 SDC Short Squeeze.


SmileDirectClub, Inc. – Ordinary Shares – Class A (NYSE: SDC) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume9,562,192
Total Actual Volume102,902,538
Total Volume Discrepancy84,029,754

Short Trends

Cover Days2
Short Days13
No Change Days5

Averages

Average Volume Discrepancy4,201,487
Average Short Volume478,109
Average Short Percentage51%

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