Over the past twenty days of trading, Uniti Group Inc. (NASDAQ: UNIT), from November 22, 2019 to December 20, 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 UNIT Short Squeeze.
Uniti Group Inc. (NASDAQ: UNIT) Short Squeeze Analysis
During the last five days of trading, from December 16, 2019 to December 20, 2019 UNIT had a staggering 2,224,439 shares shorted while trading a total of 47,026,526 shares as show the on UNIT short page.
The last ten days of trading, from December 09, 2019 to December 20, 2019 UNIT had a staggering 3,517,478 shares shorted while trading a total of 56,335,906 shares as show the on UNIT short page.
Over the last twenty days of trading, from November 22, 2019 to December 20, 2019 UNIT had a staggering 6,163,654 shares shorted while trading a total of 73,395,180 shares as show the on UNIT 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 8 short days, 2 days with no change but 0 cover days. The last twenty trading days there were 17 short day, 3 days with no change but 0 cover days.
Uniti Group Inc. (NASDAQ: UNIT) 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 UNIT Short Squeeze.
Uniti Group Inc. (NASDAQ: UNIT) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||6,163,654|
|Total Actual Volume||73,395,180|
|Total Volume Discrepancy||62,640,383|
|No Change Days||3|
|Average Volume Discrepancy||3,132,019|
|Average Short Volume||308,182|
|Average Short Percentage||60%|
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.
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