Snap Inc. Class A (NYSE:SNAP) Short Squeeze

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Over the past twenty days of trading, Snap Inc. Class A (NYSE: SNAP), from December 06, 2019 to January 06, 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 SNAP Short Squeeze.


Snap Inc. Class A (NYSE: SNAP) Short Squeeze Analysis

During the last five days of trading, from December 30, 2019 to January 06, 2020 SNAP had a staggering 7,277,916 shares shorted while trading a total of 95,018,363 shares as show the on SNAP short page.

The last ten days of trading, from December 20, 2019 to January 06, 2020 SNAP had a staggering 13,429,582 shares shorted while trading a total of 185,916,491 shares as show the on SNAP short page.

Over the last twenty days of trading, from December 06, 2019 to January 06, 2020 SNAP had a staggering 25,194,012 shares shorted while trading a total of 381,311,519 shares as show the on SNAP 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 5 short days, 5 days with no change but 0 cover days. The last twenty trading days there were 6 short day, 9 days with no change but 5 cover days.


Snap Inc. Class A (NYSE: SNAP) 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 SNAP Short Squeeze.


Snap Inc. Class A (NYSE: SNAP) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume25,194,012
Total Actual Volume381,311,519
Total Volume Discrepancy320,580,826

Short Trends

Cover Days5
Short Days6
No Change Days9

Averages

Average Volume Discrepancy16,029,041
Average Short Volume1,259,700
Average Short Percentage42%

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