Over the past twenty days of trading, DXC Technology Company (NYSE: DXC), from February 07, 2020 to April 09, 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 DXC Short Squeeze.
DXC Technology Company (NYSE: DXC) Short Squeeze Analysis
During the last five days of trading, from April 03, 2020 to April 09, 2020 DXC had a staggering 485,576 shares shorted while trading a total of 29,233,197 shares as show the on DXC short page.
The last ten days of trading, from March 27, 2020 to April 09, 2020 DXC had a staggering 1,083,723 shares shorted while trading a total of 59,358,598 shares as show the on DXC short page.
Over the last twenty days of trading, from February 07, 2020 to April 09, 2020 DXC had a staggering 2,245,612 shares shorted while trading a total of 129,647,937 shares as show the on DXC 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 4 short days, 5 days with no change but 1 cover days. The last twenty trading days there were 5 short day, 11 days with no change but 4 cover days.
DXC Technology Company (NYSE: DXC) 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 DXC Short Squeeze.
DXC Technology Company (NYSE: DXC) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,245,612|
|Total Actual Volume||129,647,937|
|Total Volume Discrepancy||124,591,095|
|No Change Days||11|
|Average Volume Discrepancy||6,229,554|
|Average Short Volume||112,280|
|Average Short Percentage||43%|
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.
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 DXC Technology Company (NYSE: DXC) and doed not buy, sell, or trade any shares of DXC. This article does not provide a professional analysis of a (DXC) financial position. (DXC) financial position and all other information regarding the featured Company should be verified directly with (DXC). Please read our full disclaimer for more detailed information.