Ulta Beauty Inc. (NASDAQ:ULTA) Short Squeeze 2024-03-15

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Over the past twenty days of trading, Ulta Beauty Inc. (NASDAQ: ULTA), from February 15, 2024 to March 14, 2024 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 ULTA Short Squeeze.


Ulta Beauty Inc. (NASDAQ: ULTA) Short Squeeze Analysis

During the last five days of trading, from March 08, 2024 to March 14, 2024 ULTA had a staggering 604,253 shares shorted while trading a total of 3,899,906 shares as show the on ULTA short page.

The last ten days of trading, from March 01, 2024 to March 14, 2024 ULTA had a staggering 1,066,373 shares shorted while trading a total of 6,305,089 shares as show the on ULTA short page.

Over the last twenty days of trading, from February 15, 2024 to March 14, 2024 ULTA had a staggering 1,915,520 shares shorted while trading a total of 11,593,544 shares as show the on ULTA short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 11 short day, 8 days with no change but 1 cover days.


Ulta Beauty Inc. (NASDAQ: ULTA) 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 ULTA Short Squeeze.


Ulta Beauty Inc. (NASDAQ: ULTA) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,915,520
Total Actual Volume11,593,544
Total Volume Discrepancy7,902,428

Short Trends

Cover Days1
Short Days11
No Change Days8

Averages

Average Volume Discrepancy395,121
Average Short Volume95,776
Average Short Percentage52%

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.


Ulta Beauty Inc. (NASDAQ: ULTA) Chart


Disclaimer

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