Over the past twenty days of trading, EQT Corporation (NYSE: EQT), from March 19, 2020 to April 16, 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 EQT Short Squeeze.
EQT Corporation (NYSE: EQT) Short Squeeze Analysis
During the last five days of trading, from April 09, 2020 to April 16, 2020 EQT had a staggering 577,406 shares shorted while trading a total of 48,043,705 shares as show the on EQT short page.
The last ten days of trading, from April 02, 2020 to April 16, 2020 EQT had a staggering 1,233,545 shares shorted while trading a total of 97,372,572 shares as show the on EQT short page.
Over the last twenty days of trading, from March 19, 2020 to April 16, 2020 EQT had a staggering 2,294,956 shares shorted while trading a total of 191,007,243 shares as show the on EQT short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 3 short days, 6 days with no change but 1 cover days. The last twenty trading days there were 5 short day, 12 days with no change but 3 cover days.
EQT Corporation (NYSE: EQT) 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 EQT Short Squeeze.
EQT Corporation (NYSE: EQT) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,294,956|
|Total Actual Volume||191,007,243|
|Total Volume Discrepancy||185,628,436|
|No Change Days||12|
|Average Volume Discrepancy||9,281,421|
|Average Short Volume||114,747|
|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.
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