Over the past twenty days of trading, Helmerich & Payne Inc. (NYSE: HP), from May 04, 2020 to June 01, 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 HP Short Squeeze.
Helmerich & Payne Inc. (NYSE: HP) Short Squeeze Analysis
During the last five days of trading, from May 26, 2020 to June 01, 2020 HP had a staggering 422,427 shares shorted while trading a total of 16,506,030 shares as show the on HP short page.
The last ten days of trading, from May 18, 2020 to June 01, 2020 HP had a staggering 693,809 shares shorted while trading a total of 62,158,662 shares as show the on HP short page.
Over the last twenty days of trading, from May 04, 2020 to June 01, 2020 HP had a staggering 1,276,225 shares shorted while trading a total of 90,657,286 shares as show the on HP short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 6 short days, 2 days with no change but 2 cover days. The last twenty trading days there were 7 short day, 7 days with no change but 6 cover days.
Helmerich & Payne Inc. (NYSE: HP) 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 HP Short Squeeze.
Helmerich & Payne Inc. (NYSE: HP) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,276,225|
|Total Actual Volume||90,657,286|
|Total Volume Discrepancy||87,763,514|
|No Change Days||7|
|Average Volume Discrepancy||4,388,175|
|Average Short Volume||63,811|
|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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