HEXO Corp. (NYSE:HEXO) Short Squeeze

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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 Volume10,860,814
Total Actual Volume108,178,705
Total Volume Discrepancy86,349,469

Short Trends

Cover Days0
Short Days7
No Change Days13

Averages

Average Volume Discrepancy4,317,473
Average Short Volume543,040
Average Short Percentage50%

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