Tower Semiconductor Ltd. (NASDAQ:TSEM) Short Squeeze

0
squeeze report news post

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 Volume972,977
Total Actual Volume10,155,710
Total Volume Discrepancy6,752,070

Short Trends

Cover Days10
Short Days2
No Change Days8

Averages

Average Volume Discrepancy337,603
Average Short Volume48,648
Average Short Percentage33%

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 Tower Semiconductor Ltd. (NASDAQ: TSEM) and doed not buy, sell, or trade any shares of TSEM. This article does not provide a professional analysis of a (TSEM) financial position. (TSEM) financial position and all other information regarding the featured Company should be verified directly with (TSEM). Please read our full disclaimer for more detailed information.