Over the past twenty days of trading, Laredo Petroleum Inc. (NYSE: LPI), from May 07, 2020 to June 04, 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 LPI Short Squeeze.
Laredo Petroleum Inc. (NYSE: LPI) Short Squeeze Analysis
During the last five days of trading, from May 29, 2020 to June 04, 2020 LPI had a staggering 831,914 shares shorted while trading a total of 13,291,547 shares as show the on LPI short page.
The last ten days of trading, from May 21, 2020 to June 04, 2020 LPI had a staggering 2,314,911 shares shorted while trading a total of 34,131,747 shares as show the on LPI short page.
Over the last twenty days of trading, from May 07, 2020 to June 04, 2020 LPI had a staggering 5,927,173 shares shorted while trading a total of 81,918,349 shares as show the on LPI 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 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 10 days with no change but 1 cover days.
Laredo Petroleum Inc. (NYSE: LPI) 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 LPI Short Squeeze.
Laredo Petroleum Inc. (NYSE: LPI) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||5,927,173|
|Total Actual Volume||81,918,349|
|Total Volume Discrepancy||70,177,212|
|No Change Days||10|
|Average Volume Discrepancy||3,508,860|
|Average Short Volume||296,358|
|Average Short Percentage||49%|
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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