McDermott International Inc. (NYSE:MDR) Short Squeeze

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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 Volume45,000,621
Total Actual Volume573,073,102
Total Volume Discrepancy486,160,957

Short Trends

Cover Days0
Short Days10
No Change Days10

Averages

Average Volume Discrepancy24,308,047
Average Short Volume2,250,031
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 McDermott International Inc. (NYSE: MDR) and doed not buy, sell, or trade any shares of MDR. This article does not provide a professional analysis of a (MDR) financial position. (MDR) financial position and all other information regarding the featured Company should be verified directly with (MDR). Please read our full disclaimer for more detailed information.