Over the past twenty days of trading, GoPro Inc. (NASDAQ: GPRO), from November 07, 2019 to December 05, 2019 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 GPRO Short Squeeze.
GoPro Inc. (NASDAQ: GPRO) Short Squeeze Analysis
During the last five days of trading, from November 29, 2019 to December 05, 2019 GPRO had a staggering 4,491,615 shares shorted while trading a total of 28,082,139 shares as show the on GPRO short page.
The last ten days of trading, from November 21, 2019 to December 05, 2019 GPRO had a staggering 8,908,193 shares shorted while trading a total of 48,029,641 shares as show the on GPRO short page.
Over the last twenty days of trading, from November 07, 2019 to December 05, 2019 GPRO had a staggering 19,529,069 shares shorted while trading a total of 114,123,311 shares as show the on GPRO 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 10 short days, 0 days with no change but 0 cover days. The last twenty trading days there were 18 short day, 2 days with no change but 0 cover days.
GoPro Inc. (NASDAQ: GPRO) 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 GPRO Short Squeeze.
GoPro Inc. (NASDAQ: GPRO) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||19,529,069|
|Total Actual Volume||114,123,311|
|Total Volume Discrepancy||85,006,916|
|No Change Days||2|
|Average Volume Discrepancy||4,250,345|
|Average Short Volume||976,453|
|Average Short Percentage||67%|
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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