Over the past twenty days of trading, Workhorse Group Inc. (NASDAQ: WKHS), from February 13, 2024 to March 12, 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 WKHS Short Squeeze.
Workhorse Group Inc. (NASDAQ: WKHS) Short Squeeze Analysis
During the last five days of trading, from March 06, 2024 to March 12, 2024 WKHS had a staggering 13,878,259 shares shorted while trading a total of 42,115,126 shares as show the on WKHS short page.
The last ten days of trading, from February 28, 2024 to March 12, 2024 WKHS had a staggering 25,326,977 shares shorted while trading a total of 76,137,182 shares as show the on WKHS short page.
Over the last twenty days of trading, from February 13, 2024 to March 12, 2024 WKHS had a staggering 66,512,179 shares shorted while trading a total of 201,932,332 shares as show the on WKHS short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 10 short days, 0 days with no change but 0 cover days. The last twenty trading days there were 18 short day, 2 days with no change but 0 cover days.
Workhorse Group Inc. (NASDAQ: WKHS) 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 WKHS Short Squeeze.
Workhorse Group Inc. (NASDAQ: WKHS) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 66,512,179 |
| Total Actual Volume | 201,932,332 |
| Total Volume Discrepancy | 90,639,986 |
Short Trends
| Cover Days | 0 |
| Short Days | 18 |
| No Change Days | 2 |
Averages
| Average Volume Discrepancy | 4,531,999 |
| Average Short Volume | 3,325,608 |
| Average Short Percentage | 59% |
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.
Workhorse Group Inc. (NASDAQ: WKHS) Chart
Disclaimer
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