Over the past twenty days of trading, Hertz Global Holdings Inc (NYSE: HTZ), from November 27, 2019 to December 26, 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 HTZ Short Squeeze.
Hertz Global Holdings Inc (NYSE: HTZ) Short Squeeze Analysis
During the last five days of trading, from December 19, 2019 to December 26, 2019 HTZ had a staggering 479,411 shares shorted while trading a total of 6,819,883 shares as show the on HTZ short page.
The last ten days of trading, from December 12, 2019 to December 26, 2019 HTZ had a staggering 1,268,427 shares shorted while trading a total of 21,572,773 shares as show the on HTZ short page.
Over the last twenty days of trading, from November 27, 2019 to December 26, 2019 HTZ had a staggering 1,831,313 shares shorted while trading a total of 36,784,057 shares as show the on HTZ 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 4 short days, 5 days with no change but 1 cover days. The last twenty trading days there were 6 short day, 10 days with no change but 4 cover days.
Hertz Global Holdings Inc (NYSE: HTZ) 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 HTZ Short Squeeze.
Hertz Global Holdings Inc (NYSE: HTZ) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,831,313|
|Total Actual Volume||36,784,057|
|Total Volume Discrepancy||32,686,981|
|No Change Days||10|
|Average Volume Discrepancy||1,634,349|
|Average Short Volume||91,565|
|Average Short Percentage||43%|
The Short Trend Indicator
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