Over the past twenty days of trading, Weibo Corporation (NASDAQ: WB), from November 04, 2019 to December 02, 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 WB Short Squeeze.
Weibo Corporation (NASDAQ: WB) Short Squeeze Analysis
During the last five days of trading, from November 25, 2019 to December 02, 2019 WB had a staggering 780,361 shares shorted while trading a total of 6,355,859 shares as show the on WB short page.
The last ten days of trading, from November 18, 2019 to December 02, 2019 WB had a staggering 2,075,545 shares shorted while trading a total of 20,281,773 shares as show the on WB short page.
Over the last twenty days of trading, from November 04, 2019 to December 02, 2019 WB had a staggering 6,031,317 shares shorted while trading a total of 51,191,731 shares as show the on WB short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 6 short days, 4 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.
Weibo Corporation (NASDAQ: WB) 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 WB Short Squeeze.
Weibo Corporation (NASDAQ: WB) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||6,031,317|
|Total Actual Volume||51,191,731|
|Total Volume Discrepancy||41,284,669|
|No Change Days||5|
|Average Volume Discrepancy||2,064,233|
|Average Short Volume||301,565|
|Average Short Percentage||58%|
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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