CVTI SqueezeTrigger Price is $18.59. There is $8,540,994 That Short Sellers Still Need To Cover.
May 4, 2017 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net is monitoring Covenant Transportation Group Inc. (NASDAQ:CVTI) in real time and just received an alert that CVTI is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 458700 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $18.59. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net .
From August 2009 to April 2017, an aggregate amount of 69271134 shares of CVTI have been shorted for a total dollar value of $1246880412. The CVTI SqueezeTrigger price of $18.59 is the volume weighted average price that all shorts are short in shares of CVTI. There is still approximately $8,540,994 of potential short covering in shares of CVTI.
Buyins.net has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger Price for each stock that has been shorted. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of short squeeze events. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at http://www.buyins.net .
Covenant Transportation Group Inc. (NASDAQ:CVTI) - Covenant Transportation Group, Inc., together with its subsidiaries, provides truckload transportation and brokerage services primarily in the continental United States. It offers long haul, dedicated, temperature-controlled, and regional solo-driver services; long haul, regional, dedicated, and intermodal temperature-controlled services; and regional solo-driver and dedicated services. The company also provides ancillary services, including freight brokerage services and accounts receivable factoring. It serves transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2016, the company operated 2,535 tractors and 7,389 trailers. Covenant Transportation Group, Inc. was founded in 1986 and is headquartered in Chattanooga, Tennessee..
The SqueezeTrigger database of billions of short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data. Total Short Interest is the number of shares shorted but not yet covered, and is different from total short volume. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net
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