Over the past twenty days of trading, Veritone Inc. (NASDAQ: VERI), from March 07, 2024 to April 04, 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 VERI Short Squeeze.
Veritone Inc. (NASDAQ: VERI) Short Squeeze Analysis
During the last five days of trading, from March 28, 2024 to April 04, 2024 VERI had a staggering 4,086,238 shares shorted while trading a total of 16,328,623 shares as show the on VERI short page.
The last ten days of trading, from March 21, 2024 to April 04, 2024 VERI had a staggering 13,059,541 shares shorted while trading a total of 46,820,472 shares as show the on VERI short page.
Over the last twenty days of trading, from March 07, 2024 to April 04, 2024 VERI had a staggering 35,006,269 shares shorted while trading a total of 127,711,620 shares as show the on VERI 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 15 short day, 5 days with no change but 0 cover days.
Veritone Inc. (NASDAQ: VERI) 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 VERI Short Squeeze.
Veritone Inc. (NASDAQ: VERI) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 35,006,269 |
| Total Actual Volume | 127,711,620 |
| Total Volume Discrepancy | 61,025,408 |
Short Trends
| Cover Days | 0 |
| Short Days | 15 |
| No Change Days | 5 |
Averages
| Average Volume Discrepancy | 3,051,270 |
| Average Short Volume | 1,750,313 |
| Average Short Percentage | 55% |
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.
Veritone Inc. (NASDAQ: VERI) Chart
Disclaimer
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