Arcelor Mittal NY Registry Shares NEW (NYSE:MT) Short Squeeze

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Over the past twenty days of trading, Arcelor Mittal NY Registry Shares NEW (NYSE: MT), from April 17, 2020 to May 14, 2020 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 MT Short Squeeze.


Arcelor Mittal NY Registry Shares NEW (NYSE: MT) Short Squeeze Analysis

During the last five days of trading, from May 08, 2020 to May 14, 2020 MT had a staggering 2,092,584 shares shorted while trading a total of 101,593,157 shares as show the on MT short page.

The last ten days of trading, from May 01, 2020 to May 14, 2020 MT had a staggering 2,266,645 shares shorted while trading a total of 125,450,929 shares as show the on MT short page.

Over the last twenty days of trading, from April 17, 2020 to May 14, 2020 MT had a staggering 2,521,822 shares shorted while trading a total of 157,185,135 shares as show the on MT 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 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 12 short day, 7 days with no change but 1 cover days.


Arcelor Mittal NY Registry Shares NEW (NYSE: MT) 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 MT Short Squeeze.


Arcelor Mittal NY Registry Shares NEW (NYSE: MT) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,521,822
Total Actual Volume157,185,135
Total Volume Discrepancy152,612,631

Short Trends

Cover Days1
Short Days12
No Change Days7

Averages

Average Volume Discrepancy7,630,631
Average Short Volume126,091
Average Short Percentage57%

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 Arcelor Mittal NY Registry Shares NEW (NYSE: MT) and doed not buy, sell, or trade any shares of MT. This article does not provide a professional analysis of a (MT) financial position. (MT) financial position and all other information regarding the featured Company should be verified directly with (MT). Please read our full disclaimer for more detailed information.