Over the past twenty days of trading, E*TRADE Financial Corporation (NASDAQ: ETFC), 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 ETFC Short Squeeze.
E*TRADE Financial Corporation (NASDAQ: ETFC) Short Squeeze Analysis
During the last five days of trading, from April 09, 2020 to April 16, 2020 ETFC had a staggering 1,633,592 shares shorted while trading a total of 17,723,297 shares as show the on ETFC short page.
The last ten days of trading, from April 02, 2020 to April 16, 2020 ETFC had a staggering 3,566,530 shares shorted while trading a total of 47,887,152 shares as show the on ETFC short page.
Over the last twenty days of trading, from March 19, 2020 to April 16, 2020 ETFC had a staggering 7,717,491 shares shorted while trading a total of 113,399,612 shares as show the on ETFC short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 5 short days, 3 days with no change but 2 cover days. The last twenty trading days there were 7 short day, 8 days with no change but 5 cover days.
E*TRADE Financial Corporation (NASDAQ: ETFC) 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 ETFC Short Squeeze.
E*TRADE Financial Corporation (NASDAQ: ETFC) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||7,717,491|
|Total Actual Volume||113,399,612|
|Total Volume Discrepancy||96,050,364|
|No Change Days||8|
|Average Volume Discrepancy||4,802,518|
|Average Short Volume||385,874|
|Average Short Percentage||45%|
The Short Trend Indicator
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