Over the past twenty days of trading, SunPower Corporation (NASDAQ: SPWR), from April 19, 2024 to May 16, 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 May 10, 2024 to May 16, 2024 SPWR had a staggering 41,503,227 shares shorted while trading a total of 201,308,631 shares as show the on SPWR short page.
The last ten days of trading, from May 03, 2024 to May 16, 2024 SPWR had a staggering 45,010,200 shares shorted while trading a total of 218,315,786 shares as show the on SPWR short page.
Over the last twenty days of trading, from April 19, 2024 to May 16, 2024 SPWR had a staggering 55,631,093 shares shorted while trading a total of 272,883,178 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 19 short day, 1 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 Volume | 55,631,093 |
| Total Actual Volume | 272,883,178 |
| Total Volume Discrepancy | 173,170,029 |
Short Trends
| Cover Days | 0 |
| Short Days | 19 |
| No Change Days | 1 |
Averages
| Average Volume Discrepancy | 8,658,501 |
| Average Short Volume | 2,781,554 |
| Average Short Percentage | 60% |
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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