Over the past twenty days of trading, Symantec Corporation (NYSE: NLOK), from January 09, 2020 to February 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 NLOK Short Squeeze.
Symantec Corporation (NYSE: NLOK) Short Squeeze Analysis
During the last five days of trading, from January 31, 2020 to February 06, 2020 NLOK had a staggering 1,284,940 shares shorted while trading a total of 64,988,784 shares as show the on NLOK short page.
The last ten days of trading, from January 24, 2020 to February 06, 2020 NLOK had a staggering 1,421,407 shares shorted while trading a total of 91,553,933 shares as show the on NLOK short page.
Over the last twenty days of trading, from January 09, 2020 to February 06, 2020 NLOK had a staggering 3,578,167 shares shorted while trading a total of 246,026,535 shares as show the on NLOK short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 2 short days, 6 days with no change but 2 cover days. The last twenty trading days there were 7 short day, 11 days with no change but 2 cover days.
Symantec Corporation (NYSE: NLOK) 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 NLOK Short Squeeze.
Symantec Corporation (NYSE: NLOK) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||3,578,167|
|Total Actual Volume||246,026,535|
|Total Volume Discrepancy||238,569,611|
|No Change Days||11|
|Average Volume Discrepancy||11,928,480|
|Average Short Volume||178,908|
|Average Short Percentage||44%|
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.
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