Over the past twenty days of trading, SpartanNash Company (NASDAQ: SPTN), from April 24, 2020 to May 21, 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 SPTN Short Squeeze.
SpartanNash Company (NASDAQ: SPTN) Short Squeeze Analysis
During the last five days of trading, from May 15, 2020 to May 21, 2020 SPTN had a staggering 424,894 shares shorted while trading a total of 2,748,988 shares as show the on SPTN short page.
The last ten days of trading, from May 08, 2020 to May 21, 2020 SPTN had a staggering 830,990 shares shorted while trading a total of 5,420,981 shares as show the on SPTN short page.
Over the last twenty days of trading, from April 24, 2020 to May 21, 2020 SPTN had a staggering 1,201,634 shares shorted while trading a total of 8,592,431 shares as show the on SPTN 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 8 short days, 2 days with no change but 0 cover days. The last twenty trading days there were 12 short day, 8 days with no change but 0 cover days.
SpartanNash Company (NASDAQ: SPTN) 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 SPTN Short Squeeze.
SpartanNash Company (NASDAQ: SPTN) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 1,201,634 |
| Total Actual Volume | 8,592,431 |
| Total Volume Discrepancy | 6,371,316 |
Short Trends
| Cover Days | 0 |
| Short Days | 12 |
| No Change Days | 8 |
Averages
| Average Volume Discrepancy | 318,565 |
| Average Short Volume | 60,081 |
| Average Short Percentage | 54% |
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 SpartanNash Company (NASDAQ: SPTN) and doed not buy, sell, or trade any shares of SPTN. This article does not provide a professional analysis of a (SPTN) financial position. (SPTN) financial position and all other information regarding the featured Company should be verified directly with (SPTN). Please read our full disclaimer for more detailed information.
