Over the past twenty days of trading, EVO Payments Inc. (NASDAQ: EVOP), from April 22, 2020 to May 19, 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 EVOP Short Squeeze.
EVO Payments Inc. (NASDAQ: EVOP) Short Squeeze Analysis
During the last five days of trading, from May 13, 2020 to May 19, 2020 EVOP had a staggering 398,453 shares shorted while trading a total of 1,901,561 shares as show the on EVOP short page.
The last ten days of trading, from May 06, 2020 to May 19, 2020 EVOP had a staggering 623,711 shares shorted while trading a total of 3,873,051 shares as show the on EVOP short page.
Over the last twenty days of trading, from April 22, 2020 to May 19, 2020 EVOP had a staggering 1,162,074 shares shorted while trading a total of 9,015,487 shares as show the on EVOP short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 6 short days, 3 days with no change but 1 cover days. The last twenty trading days there were 7 short day, 8 days with no change but 5 cover days.
EVO Payments Inc. (NASDAQ: EVOP) 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 EVOP Short Squeeze.
EVO Payments Inc. (NASDAQ: EVOP) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,162,074|
|Total Actual Volume||9,015,487|
|Total Volume Discrepancy||6,363,407|
|No Change Days||8|
|Average Volume Discrepancy||318,170|
|Average Short Volume||58,103|
|Average Short Percentage||46%|
The Short Trend Indicator
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