Over the past twenty days of trading, Tenable Holdings Inc. (NASDAQ: TENB), from December 30, 2019 to January 28, 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 TENB Short Squeeze.
Tenable Holdings Inc. (NASDAQ: TENB) Short Squeeze Analysis
During the last five days of trading, from January 22, 2020 to January 28, 2020 TENB had a staggering 595,492 shares shorted while trading a total of 3,150,839 shares as show the on TENB short page.
The last ten days of trading, from January 14, 2020 to January 28, 2020 TENB had a staggering 1,305,171 shares shorted while trading a total of 6,893,156 shares as show the on TENB short page.
Over the last twenty days of trading, from December 30, 2019 to January 28, 2020 TENB had a staggering 2,610,168 shares shorted while trading a total of 14,645,925 shares as show the on TENB short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 6 short days, 2 days with no change but 2 cover days. The last twenty trading days there were 8 short day, 5 days with no change but 7 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 Volume||2,610,168|
|Total Actual Volume||14,645,925|
|Total Volume Discrepancy||9,392,117|
|No Change Days||5|
|Average Volume Discrepancy||469,605|
|Average Short Volume||130,508|
|Average Short Percentage||44%|
The Short Trend Indicator
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