Over the past twenty days of trading, The Chefs’ Warehouse Inc. (NASDAQ: CHEF), from September 25, 2019 to March 23, 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 CHEF Short Squeeze.
The Chefs’ Warehouse Inc. (NASDAQ: CHEF) Short Squeeze Analysis
During the last five days of trading, from October 16, 2019 to March 23, 2020 CHEF had a staggering 2,073,268 shares shorted while trading a total of 13,710,269 shares as show the on CHEF short page.
The last ten days of trading, from October 09, 2019 to March 23, 2020 CHEF had a staggering 2,137,963 shares shorted while trading a total of 14,354,658 shares as show the on CHEF short page.
Over the last twenty days of trading, from September 25, 2019 to March 23, 2020 CHEF had a staggering 2,593,779 shares shorted while trading a total of 17,101,100 shares as show the on CHEF short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 3 days with no change but 1 cover days. Over the last ten trading days there were 6 short days, 3 days with no change but 1 cover days. The last twenty trading days there were 14 short day, 4 days with no change but 2 cover days.
The Chefs’ Warehouse Inc. (NASDAQ: CHEF) 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 CHEF Short Squeeze.
The Chefs’ Warehouse Inc. (NASDAQ: CHEF) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,593,779|
|Total Actual Volume||17,101,100|
|Total Volume Discrepancy||10,598,670|
|No Change Days||4|
|Average Volume Discrepancy||529,933|
|Average Short Volume||129,688|
|Average Short Percentage||60%|
The Short Trend Indicator
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