Over the past twenty days of trading, Tesla Inc. (NASDAQ: TSLA), from November 01, 2019 to November 29, 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 TSLA Short Squeeze.
Tesla Inc. (NASDAQ: TSLA) Short Squeeze Analysis
During the last five days of trading, from November 22, 2019 to November 29, 2019 TSLA had a staggering 5,355,656 shares shorted while trading a total of 44,973,499 shares as show the on TSLA short page.
The last ten days of trading, from November 15, 2019 to November 29, 2019 TSLA had a staggering 8,854,659 shares shorted while trading a total of 74,374,390 shares as show the on TSLA short page.
Over the last twenty days of trading, from November 01, 2019 to November 29, 2019 TSLA had a staggering 17,104,873 shares shorted while trading a total of 156,809,796 shares as show the on TSLA short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 10 short day, 10 days with no change but 0 cover days.
Tesla Inc. (NASDAQ: TSLA) 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 TSLA Short Squeeze.
Tesla Inc. (NASDAQ: TSLA) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||17,104,873|
|Total Actual Volume||156,809,796|
|Total Volume Discrepancy||124,826,332|
|No Change Days||10|
|Average Volume Discrepancy||6,241,316|
|Average Short Volume||855,243|
|Average Short Percentage||53%|
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.
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