Over the past twenty days of trading, McDermott International Inc. (NYSE: MDR), from September 20, 2019 to October 17, 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 MDR Short Squeeze.
McDermott International Inc. (NYSE: MDR) Short Squeeze Analysis
During the last five days of trading, from October 11, 2019 to October 17, 2019 MDR had a staggering 6,724,972 shares shorted while trading a total of 82,350,362 shares as show the on MDR short page.
The last ten days of trading, from October 04, 2019 to October 17, 2019 MDR had a staggering 12,953,892 shares shorted while trading a total of 165,115,200 shares as show the on MDR short page.
Over the last twenty days of trading, from September 20, 2019 to October 17, 2019 MDR had a staggering 45,000,621 shares shorted while trading a total of 573,073,102 shares as show the on MDR short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 4 days with no change but 0 cover days. Over the last ten trading days there were 4 short days, 6 days with no change but 0 cover days. The last twenty trading days there were 10 short day, 10 days with no change but 0 cover days.
McDermott International Inc. (NYSE: MDR) 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 MDR Short Squeeze.
McDermott International Inc. (NYSE: MDR) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||45,000,621|
|Total Actual Volume||573,073,102|
|Total Volume Discrepancy||486,160,957|
|No Change Days||10|
|Average Volume Discrepancy||24,308,047|
|Average Short Volume||2,250,031|
|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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