Tenable Holdings Inc. (NASDAQ:TENB) Short Squeeze 2024-05-03

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Over the past twenty days of trading, Tenable Holdings Inc. (NASDAQ: TENB), from April 05, 2024 to May 02, 2024 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 TENB Short Squeeze.


Tenable Holdings Inc. (NASDAQ: TENB) Short Squeeze Analysis

During the last five days of trading, from April 26, 2024 to May 02, 2024 TENB had a staggering 1,315,478 shares shorted while trading a total of 5,300,867 shares as show the on TENB short page.

The last ten days of trading, from April 19, 2024 to May 02, 2024 TENB had a staggering 1,839,115 shares shorted while trading a total of 8,399,886 shares as show the on TENB short page.

Over the last twenty days of trading, from April 05, 2024 to May 02, 2024 TENB had a staggering 3,158,336 shares shorted while trading a total of 15,852,336 shares as show the on TENB short page.

According to our proprietary algorithm during the last five trading days there were 4 short days, 0 days with no change but 1 cover days. Over the last ten trading days there were 9 short days, 0 days with no change but 1 cover days. The last twenty trading days there were 15 short day, 3 days with no change but 2 cover days.


Tenable Holdings Inc. (NASDAQ: TENB) 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 TENB Short Squeeze.


Tenable Holdings Inc. (NASDAQ: TENB) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume3,158,336
Total Actual Volume15,852,336
Total Volume Discrepancy10,385,564

Short Trends

Cover Days2
Short Days15
No Change Days3

Averages

Average Volume Discrepancy519,278
Average Short Volume157,916
Average Short Percentage58%

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.


Tenable Holdings Inc. (NASDAQ: TENB) Chart


Disclaimer

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