Zimmer Biomet Holdings Inc. (NYSE:ZBH) Short Squeeze

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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 Volume345,945
Total Actual Volume16,023,379
Total Volume Discrepancy15,305,220

Short Trends

Cover Days7
Short Days9
No Change Days4

Averages

Average Volume Discrepancy765,261
Average Short Volume17,297
Average Short Percentage45%

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.


Disclaimer

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of Zimmer Biomet Holdings Inc. (NYSE: ZBH) and doed not buy, sell, or trade any shares of ZBH. This article does not provide a professional analysis of a (ZBH) financial position. (ZBH) financial position and all other information regarding the featured Company should be verified directly with (ZBH). Please read our full disclaimer for more detailed information.