Over the past twenty days of trading, H&E Equipment Services Inc. (NASDAQ: HEES), from March 23, 2020 to April 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 HEES Short Squeeze.
H&E Equipment Services Inc. (NASDAQ: HEES) Short Squeeze Analysis
During the last five days of trading, from April 14, 2020 to April 20, 2020 HEES had a staggering 367,311 shares shorted while trading a total of 1,909,425 shares as show the on HEES short page.
The last ten days of trading, from April 06, 2020 to April 20, 2020 HEES had a staggering 694,147 shares shorted while trading a total of 4,674,949 shares as show the on HEES short page.
Over the last twenty days of trading, from March 23, 2020 to April 20, 2020 HEES had a staggering 1,473,769 shares shorted while trading a total of 11,017,639 shares as show the on HEES 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, 5 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 9 days with no change but 2 cover days.
H&E Equipment Services Inc. (NASDAQ: HEES) 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 HEES Short Squeeze.
H&E Equipment Services Inc. (NASDAQ: HEES) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,473,769|
|Total Actual Volume||11,017,639|
|Total Volume Discrepancy||7,938,582|
|No Change Days||9|
|Average Volume Discrepancy||396,929|
|Average Short Volume||73,688|
|Average Short Percentage||49%|
The Short Trend Indicator
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