Direxion Daily Gold Miners Index Bear 3X Shares (NYSE:DUST) Short Squeeze

squeeze report news post

Over the past twenty days of trading, Direxion Daily Gold Miners Index Bear 3X Shares (NYSE: DUST), 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 DUST Short Squeeze.


Direxion Daily Gold Miners Index Bear 3X Shares (NYSE: DUST) Short Squeeze Analysis

During the last five days of trading, from October 08, 2019 to October 15, 2019 DUST had a staggering 7,173,971 shares shorted while trading a total of 81,826,682 shares as show the on DUST short page.

The last ten days of trading, from October 01, 2019 to October 15, 2019 DUST had a staggering 12,822,413 shares shorted while trading a total of 188,208,285 shares as show the on DUST short page.

Over the last twenty days of trading, from September 16, 2019 to October 15, 2019 DUST had a staggering 25,102,180 shares shorted while trading a total of 398,420,773 shares as show the on DUST short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 2 days with no change but 2 cover days. Over the last ten trading days there were 1 short days, 4 days with no change but 5 cover days. The last twenty trading days there were 3 short day, 6 days with no change but 11 cover days.


Direxion Daily Gold Miners Index Bear 3X Shares (NYSE: DUST) 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 DUST Short Squeeze.


Direxion Daily Gold Miners Index Bear 3X Shares (NYSE: DUST) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume25,102,180
Total Actual Volume398,420,773
Total Volume Discrepancy325,609,875

Short Trends

Cover Days11
Short Days3
No Change Days6

Averages

Average Volume Discrepancy16,280,493
Average Short Volume1,255,109
Average Short Percentage35%

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 Direxion Daily Gold Miners Index Bear 3X Shares (NYSE: DUST) and doed not buy, sell, or trade any shares of DUST. This article does not provide a professional analysis of a (DUST) financial position. (DUST) financial position and all other information regarding the featured Company should be verified directly with (DUST). Please read our full disclaimer for more detailed information.