Taubman Centers Inc. (NYSE:TCO) Short Squeeze

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Over the past twenty days of trading, Taubman Centers Inc. (NYSE: TCO), from May 14, 2020 to June 11, 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 TCO Short Squeeze.


Taubman Centers Inc. (NYSE: TCO) Short Squeeze Analysis

During the last five days of trading, from June 05, 2020 to June 11, 2020 TCO had a staggering 560,577 shares shorted while trading a total of 23,471,562 shares as show the on TCO short page.

The last ten days of trading, from May 29, 2020 to June 11, 2020 TCO had a staggering 717,056 shares shorted while trading a total of 35,999,293 shares as show the on TCO short page.

Over the last twenty days of trading, from May 14, 2020 to June 11, 2020 TCO had a staggering 786,607 shares shorted while trading a total of 44,414,374 shares as show the on TCO short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 15 short day, 4 days with no change but 1 cover days.


Taubman Centers Inc. (NYSE: TCO) 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 TCO Short Squeeze.


Taubman Centers Inc. (NYSE: TCO) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume786,607
Total Actual Volume44,414,374
Total Volume Discrepancy43,120,269

Short Trends

Cover Days1
Short Days15
No Change Days4

Averages

Average Volume Discrepancy2,156,013
Average Short Volume39,330
Average Short Percentage60%

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