Over the past twenty days of trading, Murphy Oil Corporation (NYSE: MUR), from February 03, 2020 to April 03, 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 MUR Short Squeeze.
Murphy Oil Corporation (NYSE: MUR) Short Squeeze Analysis
During the last five days of trading, from March 30, 2020 to April 03, 2020 MUR had a staggering 1,267,839 shares shorted while trading a total of 37,268,940 shares as show the on MUR short page.
The last ten days of trading, from March 23, 2020 to April 03, 2020 MUR had a staggering 2,005,304 shares shorted while trading a total of 65,752,267 shares as show the on MUR short page.
Over the last twenty days of trading, from February 03, 2020 to April 03, 2020 MUR had a staggering 2,596,572 shares shorted while trading a total of 98,588,114 shares as show the on MUR short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 1 days with no change but 2 cover days. Over the last ten trading days there were 2 short days, 4 days with no change but 4 cover days. The last twenty trading days there were 9 short day, 7 days with no change but 4 cover days.
Murphy Oil Corporation (NYSE: MUR) 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 MUR Short Squeeze.
Murphy Oil Corporation (NYSE: MUR) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,596,572|
|Total Actual Volume||98,588,114|
|Total Volume Discrepancy||92,622,283|
|No Change Days||7|
|Average Volume Discrepancy||4,631,114|
|Average Short Volume||129,828|
|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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