U.S. Auto Parts Network Inc. (NASDAQ:PRTS) Short Squeeze

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Over the past twenty days of trading, U.S. Auto Parts Network Inc. (NASDAQ: PRTS), from May 11, 2020 to June 08, 2020 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 PRTS Short Squeeze.


U.S. Auto Parts Network Inc. (NASDAQ: PRTS) Short Squeeze Analysis

During the last five days of trading, from June 02, 2020 to June 08, 2020 PRTS had a staggering 1,196,374 shares shorted while trading a total of 8,835,080 shares as show the on PRTS short page.

The last ten days of trading, from May 26, 2020 to June 08, 2020 PRTS had a staggering 1,946,617 shares shorted while trading a total of 14,602,617 shares as show the on PRTS short page.

Over the last twenty days of trading, from May 11, 2020 to June 08, 2020 PRTS had a staggering 3,174,322 shares shorted while trading a total of 22,919,205 shares as show the on PRTS 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 4 short days, 4 days with no change but 2 cover days. The last twenty trading days there were 8 short day, 7 days with no change but 5 cover days.


U.S. Auto Parts Network Inc. (NASDAQ: PRTS) 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 PRTS Short Squeeze.


U.S. Auto Parts Network Inc. (NASDAQ: PRTS) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume3,174,322
Total Actual Volume22,919,205
Total Volume Discrepancy15,699,772

Short Trends

Cover Days5
Short Days8
No Change Days7

Averages

Average Volume Discrepancy784,988
Average Short Volume158,716
Average Short Percentage45%

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.


Disclaimer

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