Over the past twenty days of trading, Zimmer Biomet Holdings Inc. (NYSE: ZBH), from November 21, 2019 to December 19, 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 ZBH Short Squeeze.
Zimmer Biomet Holdings Inc. (NYSE: ZBH) Short Squeeze Analysis
During the last five days of trading, from December 13, 2019 to December 19, 2019 ZBH had a staggering 114,096 shares shorted while trading a total of 5,314,280 shares as show the on ZBH short page.
The last ten days of trading, from December 06, 2019 to December 19, 2019 ZBH had a staggering 203,625 shares shorted while trading a total of 8,866,188 shares as show the on ZBH short page.
Over the last twenty days of trading, from November 21, 2019 to December 19, 2019 ZBH had a staggering 345,945 shares shorted while trading a total of 16,023,379 shares as show the on ZBH 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 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 9 short day, 4 days with no change but 7 cover days.
Zimmer Biomet Holdings Inc. (NYSE: ZBH) 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 ZBH Short Squeeze.
Zimmer Biomet Holdings Inc. (NYSE: ZBH) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||345,945|
|Total Actual Volume||16,023,379|
|Total Volume Discrepancy||15,305,220|
|No Change Days||4|
|Average Volume Discrepancy||765,261|
|Average Short Volume||17,297|
|Average Short Percentage||45%|
The Short Trend Indicator
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