Over the past twenty days of trading, Tandem Diabetes Care Inc. (NASDAQ: TNDM), from November 15, 2019 to December 13, 2019 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 TNDM Short Squeeze.
Tandem Diabetes Care Inc. (NASDAQ: TNDM) Short Squeeze Analysis
During the last five days of trading, from December 09, 2019 to December 13, 2019 TNDM had a staggering 1,754,844 shares shorted while trading a total of 10,128,679 shares as show the on TNDM short page.
The last ten days of trading, from December 02, 2019 to December 13, 2019 TNDM had a staggering 3,043,900 shares shorted while trading a total of 18,806,061 shares as show the on TNDM short page.
Over the last twenty days of trading, from November 15, 2019 to December 13, 2019 TNDM had a staggering 4,015,458 shares shorted while trading a total of 29,485,926 shares as show the on TNDM short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 1 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 5 short day, 11 days with no change but 4 cover days.
Tandem Diabetes Care Inc. (NASDAQ: TNDM) 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 TNDM Short Squeeze.
Tandem Diabetes Care Inc. (NASDAQ: TNDM) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||4,015,458|
|Total Actual Volume||29,485,926|
|Total Volume Discrepancy||20,784,640|
|No Change Days||11|
|Average Volume Discrepancy||1,039,232|
|Average Short Volume||200,772|
|Average Short Percentage||43%|
The Short Trend Indicator
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