Over the past twenty days of trading, Grupo Financiero Galicia S.A. (NASDAQ: GGAL), from October 25, 2019 to November 21, 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 GGAL Short Squeeze.
Grupo Financiero Galicia S.A. (NASDAQ: GGAL) Short Squeeze Analysis
During the last five days of trading, from November 15, 2019 to November 21, 2019 GGAL had a staggering 580,017 shares shorted while trading a total of 4,369,418 shares as show the on GGAL short page.
The last ten days of trading, from November 08, 2019 to November 21, 2019 GGAL had a staggering 1,522,545 shares shorted while trading a total of 9,902,679 shares as show the on GGAL short page.
Over the last twenty days of trading, from October 25, 2019 to November 21, 2019 GGAL had a staggering 3,722,346 shares shorted while trading a total of 25,199,482 shares as show the on GGAL 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 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 14 short day, 4 days with no change but 2 cover days.
Grupo Financiero Galicia S.A. (NASDAQ: GGAL) 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 GGAL Short Squeeze.
Grupo Financiero Galicia S.A. (NASDAQ: GGAL) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||3,722,346|
|Total Actual Volume||25,199,482|
|Total Volume Discrepancy||18,402,629|
|No Change Days||4|
|Average Volume Discrepancy||920,131|
|Average Short Volume||186,117|
|Average Short Percentage||55%|
The Short Trend Indicator
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