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 Volume||79,682,108|
|Total Actual Volume||472,611,858|
|Total Volume Discrepancy||327,556,123|
|No Change Days||2|
|Average Volume Discrepancy||16,377,806|
|Average Short Volume||3,984,105|
|Average Short Percentage||56%|
The Short Trend Indicator
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