Over the past twenty days of trading, General Electric Company (NYSE: GE), from November 11, 2019 to March 20, 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 GE Short Squeeze.
General Electric Company (NYSE: GE) Short Squeeze Analysis
During the last five days of trading, from December 03, 2019 to March 20, 2020 GE had a staggering 16,256,957 shares shorted while trading a total of 375,577,887 shares as show the on GE short page.
The last ten days of trading, from November 25, 2019 to March 20, 2020 GE had a staggering 31,381,709 shares shorted while trading a total of 629,212,727 shares as show the on GE short page.
Over the last twenty days of trading, from November 11, 2019 to March 20, 2020 GE had a staggering 49,066,515 shares shorted while trading a total of 1,068,156,749 shares as show the on GE 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, 4 days with no change but 1 cover days. The last twenty trading days there were 7 short day, 7 days with no change but 6 cover days.
General Electric Company (NYSE: GE) 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 GE Short Squeeze.
General Electric Company (NYSE: GE) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||49,066,515|
|Total Actual Volume||1,068,156,749|
|Total Volume Discrepancy||954,111,977|
|No Change Days||7|
|Average Volume Discrepancy||47,705,598|
|Average Short Volume||2,453,325|
|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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