Over the past twenty days of trading, ONEOK Inc. (NYSE: OKE), from December 23, 2022 to January 24, 2023 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 OKE Short Squeeze.
ONEOK Inc. (NYSE: OKE) Short Squeeze Analysis
During the last five days of trading, from January 18, 2023 to January 24, 2023 OKE had a staggering 328,334 shares shorted while trading a total of 12,290,472 shares as show the on OKE short page.
The last ten days of trading, from January 10, 2023 to January 24, 2023 OKE had a staggering 536,080 shares shorted while trading a total of 24,053,362 shares as show the on OKE short page.
Over the last twenty days of trading, from December 23, 2022 to January 24, 2023 OKE had a staggering 699,925 shares shorted while trading a total of 43,804,019 shares as show the on OKE 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 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 6 short day, 12 days with no change but 2 cover days.
ONEOK Inc. (NYSE: OKE) 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 OKE Short Squeeze.
ONEOK Inc. (NYSE: OKE) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||699,925|
|Total Actual Volume||43,804,019|
|Total Volume Discrepancy||42,442,536|
|No Change Days||12|
|Average Volume Discrepancy||2,122,126|
|Average Short Volume||34,996|
|Average Short Percentage||47%|
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.
ONEOK Inc. (NYSE: OKE) Chart
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