Over the past twenty days of trading, Texas Roadhouse Inc. (NASDAQ: TXRH), from November 14, 2019 to December 12, 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 TXRH Short Squeeze.
Texas Roadhouse Inc. (NASDAQ: TXRH) Short Squeeze Analysis
During the last five days of trading, from December 06, 2019 to December 12, 2019 TXRH had a staggering 367,190 shares shorted while trading a total of 3,790,050 shares as show the on TXRH short page.
The last ten days of trading, from November 29, 2019 to December 12, 2019 TXRH had a staggering 569,939 shares shorted while trading a total of 5,907,590 shares as show the on TXRH short page.
Over the last twenty days of trading, from November 14, 2019 to December 12, 2019 TXRH had a staggering 1,245,267 shares shorted while trading a total of 11,742,518 shares as show the on TXRH short page.
According to our proprietary algorithm during the last five trading days there were 0 short days, 3 days with no change but 2 cover days. Over the last ten trading days there were 3 short days, 5 days with no change but 2 cover days. The last twenty trading days there were 8 short day, 7 days with no change but 5 cover days.
Texas Roadhouse Inc. (NASDAQ: TXRH) 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 TXRH Short Squeeze.
Texas Roadhouse Inc. (NASDAQ: TXRH) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,245,267|
|Total Actual Volume||11,742,518|
|Total Volume Discrepancy||8,702,886|
|No Change Days||7|
|Average Volume Discrepancy||435,144|
|Average Short Volume||62,263|
|Average Short Percentage||44%|
The Short Trend Indicator
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