Over the past twenty days of trading, Huntington Bancshares Incorporated (NASDAQ: HBAN), from November 26, 2019 to December 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 HBAN Short Squeeze.
Huntington Bancshares Incorporated (NASDAQ: HBAN) Short Squeeze Analysis
During the last five days of trading, from December 18, 2019 to December 24, 2019 HBAN had a staggering 3,745,736 shares shorted while trading a total of 55,430,331 shares as show the on HBAN short page.
The last ten days of trading, from December 11, 2019 to December 24, 2019 HBAN had a staggering 10,912,225 shares shorted while trading a total of 118,620,500 shares as show the on HBAN short page.
Over the last twenty days of trading, from November 26, 2019 to December 24, 2019 HBAN had a staggering 18,052,391 shares shorted while trading a total of 180,172,767 shares as show the on HBAN short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 3 days with no change but 1 cover days. Over the last ten trading days there were 4 short days, 4 days with no change but 2 cover days. The last twenty trading days there were 13 short day, 4 days with no change but 3 cover days.
Huntington Bancshares Incorporated (NASDAQ: HBAN) 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 HBAN Short Squeeze.
Huntington Bancshares Incorporated (NASDAQ: HBAN) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||18,052,391|
|Total Actual Volume||180,172,767|
|Total Volume Discrepancy||139,901,589|
|No Change Days||4|
|Average Volume Discrepancy||6,995,079|
|Average Short Volume||902,619|
|Average Short Percentage||53%|
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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