Over the past twenty days of trading, The Lovesac Company (NASDAQ: LOVE), from November 21, 2019 to December 19, 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 LOVE Short Squeeze.
The Lovesac Company (NASDAQ: LOVE) Short Squeeze Analysis
During the last five days of trading, from December 13, 2019 to December 19, 2019 LOVE had a staggering 654,735 shares shorted while trading a total of 4,982,097 shares as show the on LOVE short page.
The last ten days of trading, from December 06, 2019 to December 19, 2019 LOVE had a staggering 1,133,105 shares shorted while trading a total of 8,454,608 shares as show the on LOVE short page.
Over the last twenty days of trading, from November 21, 2019 to December 19, 2019 LOVE had a staggering 1,440,362 shares shorted while trading a total of 10,986,550 shares as show the on LOVE short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 4 short days, 4 days with no change but 2 cover days. The last twenty trading days there were 8 short day, 6 days with no change but 6 cover days.
The Lovesac Company (NASDAQ: LOVE) 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 LOVE Short Squeeze.
The Lovesac Company (NASDAQ: LOVE) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,440,362|
|Total Actual Volume||10,986,550|
|Total Volume Discrepancy||7,542,365|
|No Change Days||6|
|Average Volume Discrepancy||377,118|
|Average Short Volume||72,018|
|Average Short Percentage||43%|
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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