Direxion Daily S&P Biotech Bear 3X Shares (NYSE:LABD) Short Squeeze

0
squeeze report news post

Over the past twenty days of trading, Direxion Daily S&P Biotech Bear 3X Shares (NYSE: LABD), from December 05, 2019 to January 03, 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 LABD Short Squeeze.


Direxion Daily S&P Biotech Bear 3X Shares (NYSE: LABD) Short Squeeze Analysis

During the last five days of trading, from December 27, 2019 to January 03, 2020 LABD had a staggering 1,512,512 shares shorted while trading a total of 17,813,352 shares as show the on LABD short page.

The last ten days of trading, from December 19, 2019 to January 03, 2020 LABD had a staggering 3,058,533 shares shorted while trading a total of 31,940,853 shares as show the on LABD short page.

Over the last twenty days of trading, from December 05, 2019 to January 03, 2020 LABD had a staggering 6,386,463 shares shorted while trading a total of 66,493,216 shares as show the on LABD 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 3 short days, 4 days with no change but 3 cover days. The last twenty trading days there were 8 short day, 9 days with no change but 3 cover days.


Direxion Daily S&P Biotech Bear 3X Shares (NYSE: LABD) 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 LABD Short Squeeze.


Direxion Daily S&P Biotech Bear 3X Shares (NYSE: LABD) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume6,386,463
Total Actual Volume66,493,216
Total Volume Discrepancy52,678,028

Short Trends

Cover Days3
Short Days8
No Change Days9

Averages

Average Volume Discrepancy2,633,901
Average Short Volume319,323
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 Direxion Daily S&P Biotech Bear 3X Shares (NYSE: LABD) and doed not buy, sell, or trade any shares of LABD. This article does not provide a professional analysis of a (LABD) financial position. (LABD) financial position and all other information regarding the featured Company should be verified directly with (LABD). Please read our full disclaimer for more detailed information.