Over the past twenty days of trading, Triumph Bancorp Inc. (NASDAQ: TBK), from November 14, 2019 to December 12, 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 TBK Short Squeeze.
Triumph Bancorp Inc. (NASDAQ: TBK) Short Squeeze Analysis
During the last five days of trading, from December 06, 2019 to December 12, 2019 TBK had a staggering 110,760 shares shorted while trading a total of 923,642 shares as show the on TBK short page.
The last ten days of trading, from November 29, 2019 to December 12, 2019 TBK had a staggering 235,185 shares shorted while trading a total of 1,769,217 shares as show the on TBK short page.
Over the last twenty days of trading, from November 14, 2019 to December 12, 2019 TBK had a staggering 564,111 shares shorted while trading a total of 3,309,012 shares as show the on TBK short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 10 short days, 0 days with no change but 0 cover days. The last twenty trading days there were 16 short day, 3 days with no change but 1 cover days.
Triumph Bancorp Inc. (NASDAQ: TBK) 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 TBK Short Squeeze.
Triumph Bancorp Inc. (NASDAQ: TBK) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||564,111|
|Total Actual Volume||3,309,012|
|Total Volume Discrepancy||2,512,964|
|No Change Days||3|
|Average Volume Discrepancy||125,648|
|Average Short Volume||28,205|
|Average Short Percentage||67%|
The Short Trend Indicator
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