Denbury Resources Inc. (NYSE:DNR) Short Squeeze

squeeze report news post

Over the past twenty days of trading, Denbury Resources Inc. (NYSE: DNR), from September 16, 2019 to October 15, 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 DNR Short Squeeze.


Denbury Resources Inc. (NYSE: DNR) Short Squeeze Analysis

During the last five days of trading, from October 08, 2019 to October 15, 2019 DNR had a staggering 2,978,881 shares shorted while trading a total of 46,384,877 shares as show the on DNR short page.

The last ten days of trading, from October 01, 2019 to October 15, 2019 DNR had a staggering 7,385,848 shares shorted while trading a total of 121,433,801 shares as show the on DNR short page.

Over the last twenty days of trading, from September 16, 2019 to October 15, 2019 DNR had a staggering 19,181,881 shares shorted while trading a total of 313,566,438 shares as show the on DNR short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 6 short days, 3 days with no change but 1 cover days. The last twenty trading days there were 12 short day, 6 days with no change but 2 cover days.


Denbury Resources Inc. (NYSE: DNR) 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 DNR Short Squeeze.


Denbury Resources Inc. (NYSE: DNR) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume19,181,881
Total Actual Volume313,566,438
Total Volume Discrepancy274,546,335

Short Trends

Cover Days2
Short Days12
No Change Days6

Averages

Average Volume Discrepancy13,727,316
Average Short Volume959,094
Average Short Percentage52%

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