Over the past twenty days of trading, Ulta Beauty Inc. (NASDAQ: ULTA), from November 27, 2019 to December 26, 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 ULTA Short Squeeze.
Ulta Beauty Inc. (NASDAQ: ULTA) Short Squeeze Analysis
During the last five days of trading, from December 19, 2019 to December 26, 2019 ULTA had a staggering 563,358 shares shorted while trading a total of 5,386,340 shares as show the on ULTA short page.
The last ten days of trading, from December 12, 2019 to December 26, 2019 ULTA had a staggering 1,142,109 shares shorted while trading a total of 10,917,233 shares as show the on ULTA short page.
Over the last twenty days of trading, from November 27, 2019 to December 26, 2019 ULTA had a staggering 3,633,195 shares shorted while trading a total of 32,032,105 shares as show the on ULTA short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 5 short days, 5 days with no change but 0 cover days. The last twenty trading days there were 10 short day, 10 days with no change but 0 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 Volume||3,633,195|
|Total Actual Volume||32,032,105|
|Total Volume Discrepancy||24,864,516|
|No Change Days||10|
|Average Volume Discrepancy||1,243,225|
|Average Short Volume||181,659|
|Average Short Percentage||50%|
The Short Trend Indicator
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