Over the past twenty days of trading, TaskUs Inc. (NASDAQ: TASK), from January 31, 2023 to February 28, 2023 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 TASK Short Squeeze.
TaskUs Inc. (NASDAQ: TASK) Short Squeeze Analysis
During the last five days of trading, from February 22, 2023 to February 28, 2023 TASK had a staggering 935,548 shares shorted while trading a total of 4,815,199 shares as show the on TASK short page.
The last ten days of trading, from February 14, 2023 to February 28, 2023 TASK had a staggering 1,143,074 shares shorted while trading a total of 6,017,764 shares as show the on TASK short page.
Over the last twenty days of trading, from January 31, 2023 to February 28, 2023 TASK had a staggering 1,450,380 shares shorted while trading a total of 8,280,102 shares as show the on TASK 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 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 14 short day, 5 days with no change but 1 cover days.
TaskUs Inc. (NASDAQ: TASK) 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 TASK Short Squeeze.
TaskUs Inc. (NASDAQ: TASK) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,450,380|
|Total Actual Volume||8,280,102|
|Total Volume Discrepancy||5,404,415|
|No Change Days||5|
|Average Volume Discrepancy||270,220|
|Average Short Volume||72,519|
|Average Short Percentage||56%|
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.
TaskUs Inc. (NASDAQ: TASK) Chart
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