SunPower Corporation (NASDAQ:SPWR) Short Squeeze 2024-04-24

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Over the past twenty days of trading, SunPower Corporation (NASDAQ: SPWR), from March 26, 2024 to April 23, 2024 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 SPWR Short Squeeze.


SunPower Corporation (NASDAQ: SPWR) Short Squeeze Analysis

During the last five days of trading, from April 17, 2024 to April 23, 2024 SPWR had a staggering 6,000,987 shares shorted while trading a total of 30,639,915 shares as show the on SPWR short page.

The last ten days of trading, from April 10, 2024 to April 23, 2024 SPWR had a staggering 11,888,483 shares shorted while trading a total of 54,742,704 shares as show the on SPWR short page.

Over the last twenty days of trading, from March 26, 2024 to April 23, 2024 SPWR had a staggering 21,169,743 shares shorted while trading a total of 103,715,319 shares as show the on SPWR short page.

According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 18 short day, 2 days with no change but 0 cover days.


SunPower Corporation (NASDAQ: SPWR) 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 SPWR Short Squeeze.


SunPower Corporation (NASDAQ: SPWR) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume21,169,743
Total Actual Volume103,715,319
Total Volume Discrepancy70,213,390

Short Trends

Cover Days0
Short Days18
No Change Days2

Averages

Average Volume Discrepancy3,510,669
Average Short Volume1,058,487
Average Short Percentage64%

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.


SunPower Corporation (NASDAQ: SPWR) Chart


Disclaimer

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