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 Volume | 1,915,520 |
| Total Actual Volume | 11,593,544 |
| Total Volume Discrepancy | 7,902,428 |
Short Trends
| Cover Days | 1 |
| Short Days | 11 |
| No Change Days | 8 |
Averages
| Average Volume Discrepancy | 395,121 |
| Average Short Volume | 95,776 |
| Average Short Percentage | 52% |
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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