Tandem Diabetes Care Inc. (NASDAQ:TNDM) Short Squeeze

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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 Volume4,015,458
Total Actual Volume29,485,926
Total Volume Discrepancy20,784,640

Short Trends

Cover Days4
Short Days5
No Change Days11

Averages

Average Volume Discrepancy1,039,232
Average Short Volume200,772
Average Short Percentage43%

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 Tandem Diabetes Care Inc. (NASDAQ: TNDM) and doed not buy, sell, or trade any shares of TNDM. This article does not provide a professional analysis of a (TNDM) financial position. (TNDM) financial position and all other information regarding the featured Company should be verified directly with (TNDM). Please read our full disclaimer for more detailed information.