ToughBuilt Industries Inc. (NASDAQ:TBLT) Short Squeeze

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Over the past twenty days of trading, ToughBuilt Industries Inc. (NASDAQ: TBLT), from March 19, 2020 to April 16, 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 TBLT Short Squeeze.


ToughBuilt Industries Inc. (NASDAQ: TBLT) Short Squeeze Analysis

During the last five days of trading, from April 09, 2020 to April 16, 2020 TBLT had a staggering 22,137,941 shares shorted while trading a total of 171,868,972 shares as show the on TBLT short page.

The last ten days of trading, from April 02, 2020 to April 16, 2020 TBLT had a staggering 42,105,847 shares shorted while trading a total of 269,456,789 shares as show the on TBLT short page.

Over the last twenty days of trading, from March 19, 2020 to April 16, 2020 TBLT had a staggering 79,682,108 shares shorted while trading a total of 472,611,858 shares as show the on TBLT 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 8 short days, 2 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.


ToughBuilt Industries Inc. (NASDAQ: TBLT) 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 TBLT Short Squeeze.


ToughBuilt Industries Inc. (NASDAQ: TBLT) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume79,682,108
Total Actual Volume472,611,858
Total Volume Discrepancy327,556,123

Short Trends

Cover Days0
Short Days18
No Change Days2

Averages

Average Volume Discrepancy16,377,806
Average Short Volume3,984,105
Average Short Percentage56%

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.


Disclaimer

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of ToughBuilt Industries Inc. (NASDAQ: TBLT) and doed not buy, sell, or trade any shares of TBLT. This article does not provide a professional analysis of a (TBLT) financial position. (TBLT) financial position and all other information regarding the featured Company should be verified directly with (TBLT). Please read our full disclaimer for more detailed information.