Golar LNG Limited (NASDAQ:GLNG) Short Squeeze

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squeeze report news post

Over the past twenty days of trading, Golar LNG Limited (NASDAQ: GLNG), from November 27, 2019 to April 07, 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 GLNG Short Squeeze.


Golar LNG Limited (NASDAQ: GLNG) Short Squeeze Analysis

During the last five days of trading, from April 01, 2020 to April 07, 2020 GLNG had a staggering 2,039,316 shares shorted while trading a total of 14,037,009 shares as show the on GLNG short page.

The last ten days of trading, from March 25, 2020 to April 07, 2020 GLNG had a staggering 2,602,485 shares shorted while trading a total of 20,496,365 shares as show the on GLNG short page.

Over the last twenty days of trading, from November 27, 2019 to April 07, 2020 GLNG had a staggering 4,106,421 shares shorted while trading a total of 33,735,408 shares as show the on GLNG 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 4 short days, 4 days with no change but 2 cover days. The last twenty trading days there were 8 short day, 5 days with no change but 7 cover days.


Golar LNG Limited (NASDAQ: GLNG) 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 GLNG Short Squeeze.


Golar LNG Limited (NASDAQ: GLNG) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume4,106,421
Total Actual Volume33,735,408
Total Volume Discrepancy24,299,646

Short Trends

Cover Days7
Short Days8
No Change Days5

Averages

Average Volume Discrepancy1,214,982
Average Short Volume205,321
Average Short Percentage41%

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.


Disclaimer

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 Golar LNG Limited (NASDAQ: GLNG) and doed not buy, sell, or trade any shares of GLNG. This article does not provide a professional analysis of a (GLNG) financial position. (GLNG) financial position and all other information regarding the featured Company should be verified directly with (GLNG). Please read our full disclaimer for more detailed information.