Over the past twenty days of trading, Tower Semiconductor Ltd. (NASDAQ: TSEM), from September 27, 2019 to October 24, 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 TSEM Short Squeeze.
Tower Semiconductor Ltd. (NASDAQ: TSEM) Short Squeeze Analysis
During the last five days of trading, from October 18, 2019 to October 24, 2019 TSEM had a staggering 286,206 shares shorted while trading a total of 2,927,645 shares as show the on TSEM short page.
The last ten days of trading, from October 11, 2019 to October 24, 2019 TSEM had a staggering 550,678 shares shorted while trading a total of 5,630,624 shares as show the on TSEM short page.
Over the last twenty days of trading, from September 27, 2019 to October 24, 2019 TSEM had a staggering 972,977 shares shorted while trading a total of 10,155,710 shares as show the on TSEM short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 2 days with no change but 2 cover days. Over the last ten trading days there were 1 short days, 5 days with no change but 4 cover days. The last twenty trading days there were 2 short day, 8 days with no change but 10 cover days.
Tower Semiconductor Ltd. (NASDAQ: TSEM) 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 TSEM Short Squeeze.
Tower Semiconductor Ltd. (NASDAQ: TSEM) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||972,977|
|Total Actual Volume||10,155,710|
|Total Volume Discrepancy||6,752,070|
|No Change Days||8|
|Average Volume Discrepancy||337,603|
|Average Short Volume||48,648|
|Average Short Percentage||33%|
The Short Trend Indicator
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