Over the past twenty days of trading, USA Technologies Inc. (NASDAQ: USAT), from August 27, 2019 to September 25, 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 USAT Short Squeeze.
USA Technologies Inc. (NASDAQ: USAT) Short Squeeze Analysis
During the last five days of trading, from September 18, 2019 to September 25, 2019 USAT had a staggering 4,219,554 shares shorted while trading a total of 39,368,336 shares as show the on USAT short page.
The last ten days of trading, from September 11, 2019 to September 25, 2019 USAT had a staggering 4,705,690 shares shorted while trading a total of 42,925,231 shares as show the on USAT short page.
Over the last twenty days of trading, from August 27, 2019 to September 25, 2019 USAT had a staggering 6,577,247 shares shorted while trading a total of 53,603,570 shares as show the on USAT short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 3 days with no change but 1 cover days. Over the last ten trading days there were 3 short days, 5 days with no change but 2 cover days. The last twenty trading days there were 8 short day, 10 days with no change but 2 cover days.
USA Technologies Inc. (NASDAQ: USAT) 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 USAT Short Squeeze.
USA Technologies Inc. (NASDAQ: USAT) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||6,577,247|
|Total Actual Volume||53,603,570|
|Total Volume Discrepancy||39,966,458|
|No Change Days||10|
|Average Volume Discrepancy||1,998,322|
|Average Short Volume||328,862|
|Average Short Percentage||50%|
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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