Over the past twenty days of trading, Xunlei Limited (NASDAQ: XNET), from October 25, 2019 to November 21, 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 XNET Short Squeeze.
Xunlei Limited (NASDAQ: XNET) Short Squeeze Analysis
During the last five days of trading, from November 15, 2019 to November 21, 2019 XNET had a staggering 1,277,618 shares shorted while trading a total of 9,157,991 shares as show the on XNET short page.
The last ten days of trading, from November 08, 2019 to November 21, 2019 XNET had a staggering 3,985,499 shares shorted while trading a total of 28,432,678 shares as show the on XNET short page.
Over the last twenty days of trading, from October 25, 2019 to November 21, 2019 XNET had a staggering 40,174,465 shares shorted while trading a total of 245,782,763 shares as show the on XNET 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 7 short days, 2 days with no change but 1 cover days. The last twenty trading days there were 16 short day, 3 days with no change but 1 cover days.
Xunlei Limited (NASDAQ: XNET) 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 XNET Short Squeeze.
Xunlei Limited (NASDAQ: XNET) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||40,174,465|
|Total Actual Volume||245,782,763|
|Total Volume Discrepancy||181,531,581|
|No Change Days||3|
|Average Volume Discrepancy||9,076,579|
|Average Short Volume||2,008,723|
|Average Short Percentage||56%|
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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