Helmerich & Payne Inc. (NYSE:HP) Short Squeeze

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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 Volume1,276,225
Total Actual Volume90,657,286
Total Volume Discrepancy87,763,514

Short Trends

Cover Days6
Short Days7
No Change Days7

Averages

Average Volume Discrepancy4,388,175
Average Short Volume63,811
Average Short Percentage43%

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