Over the past twenty days of trading, HEXO Corp. (NYSE: HEXO), from September 27, 2019 to October 24, 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 HEXO Short Squeeze.
HEXO Corp. (NYSE: HEXO) Short Squeeze Analysis
During the last five days of trading, from October 18, 2019 to October 24, 2019 HEXO had a staggering 2,996,371 shares shorted while trading a total of 27,422,977 shares as show the on HEXO short page.
The last ten days of trading, from October 11, 2019 to October 24, 2019 HEXO had a staggering 6,423,063 shares shorted while trading a total of 60,262,457 shares as show the on HEXO short page.
Over the last twenty days of trading, from September 27, 2019 to October 24, 2019 HEXO had a staggering 10,860,814 shares shorted while trading a total of 108,178,705 shares as show the on HEXO short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 3 short days, 7 days with no change but 0 cover days. The last twenty trading days there were 7 short day, 13 days with no change but 0 cover days.
HEXO Corp. (NYSE: HEXO) 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 HEXO Short Squeeze.
HEXO Corp. (NYSE: HEXO) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||10,860,814|
|Total Actual Volume||108,178,705|
|Total Volume Discrepancy||86,349,469|
|No Change Days||13|
|Average Volume Discrepancy||4,317,473|
|Average Short Volume||543,040|
|Average Short Percentage||50%|
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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