Over the past twenty days of trading, Tilray Inc. (NASDAQ: TLRY), from October 09, 2019 to November 05, 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 TLRY Short Squeeze.
Tilray Inc. (NASDAQ: TLRY) Short Squeeze Analysis
During the last five days of trading, from October 30, 2019 to November 05, 2019 TLRY had a staggering 859,138 shares shorted while trading a total of 4,562,962 shares as show the on TLRY short page.
The last ten days of trading, from October 23, 2019 to November 05, 2019 TLRY had a staggering 2,483,148 shares shorted while trading a total of 12,547,022 shares as show the on TLRY short page.
Over the last twenty days of trading, from October 09, 2019 to November 05, 2019 TLRY had a staggering 5,480,757 shares shorted while trading a total of 27,454,389 shares as show the on TLRY short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 1 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 18 short day, 2 days with no change but 0 cover days.
Tilray Inc. (NASDAQ: TLRY) 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 TLRY Short Squeeze.
Tilray Inc. (NASDAQ: TLRY) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||5,480,757|
|Total Actual Volume||27,454,389|
|Total Volume Discrepancy||18,691,966|
|No Change Days||2|
|Average Volume Discrepancy||934,598|
|Average Short Volume||274,037|
|Average Short Percentage||60%|
The Short Trend Indicator
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