Over the past twenty days of trading, Marathon Petroleum Corporation (NYSE: MPC), from January 31, 2020 to April 02, 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 MPC Short Squeeze.
Marathon Petroleum Corporation (NYSE: MPC) Short Squeeze Analysis
During the last five days of trading, from March 27, 2020 to April 02, 2020 MPC had a staggering 1,596,470 shares shorted while trading a total of 52,641,709 shares as show the on MPC short page.
The last ten days of trading, from March 20, 2020 to April 02, 2020 MPC had a staggering 3,933,743 shares shorted while trading a total of 135,664,052 shares as show the on MPC short page.
Over the last twenty days of trading, from January 31, 2020 to April 02, 2020 MPC had a staggering 4,732,164 shares shorted while trading a total of 210,720,382 shares as show the on MPC short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 8 short day, 5 days with no change but 7 cover days.
Marathon Petroleum Corporation (NYSE: MPC) 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 MPC Short Squeeze.
Marathon Petroleum Corporation (NYSE: MPC) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||4,732,164|
|Total Actual Volume||210,720,382|
|Total Volume Discrepancy||200,635,006|
|No Change Days||5|
|Average Volume Discrepancy||10,031,750|
|Average Short Volume||236,608|
|Average Short Percentage||41%|
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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