NMI Holdings Inc (NASDAQ:NMIH) Short Squeeze

squeeze report news post

Over the past twenty days of trading, NMI Holdings Inc (NASDAQ: NMIH), from January 10, 2020 to February 07, 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 NMIH Short Squeeze.


NMI Holdings Inc (NASDAQ: NMIH) Short Squeeze Analysis

During the last five days of trading, from February 03, 2020 to February 07, 2020 NMIH had a staggering 245,216 shares shorted while trading a total of 2,000,809 shares as show the on NMIH short page.

The last ten days of trading, from January 27, 2020 to February 07, 2020 NMIH had a staggering 360,438 shares shorted while trading a total of 3,884,631 shares as show the on NMIH short page.

Over the last twenty days of trading, from January 10, 2020 to February 07, 2020 NMIH had a staggering 742,196 shares shorted while trading a total of 8,453,397 shares as show the on NMIH short page.

According to our proprietary algorithm during the last five trading days there were 4 short days, 0 days with no change but 1 cover days. Over the last ten trading days there were 6 short days, 0 days with no change but 4 cover days. The last twenty trading days there were 9 short day, 3 days with no change but 8 cover days.


NMI Holdings Inc (NASDAQ: NMIH) 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 NMIH Short Squeeze.


NMI Holdings Inc (NASDAQ: NMIH) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume742,196
Total Actual Volume8,453,397
Total Volume Discrepancy6,593,131

Short Trends

Cover Days8
Short Days9
No Change Days3

Averages

Average Volume Discrepancy329,656
Average Short Volume37,109
Average Short Percentage42%

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 NMI Holdings Inc (NASDAQ: NMIH) and doed not buy, sell, or trade any shares of NMIH. This article does not provide a professional analysis of a (NMIH) financial position. (NMIH) financial position and all other information regarding the featured Company should be verified directly with (NMIH). Please read our full disclaimer for more detailed information.