Over the past twenty days of trading, Opera Limited (NASDAQ: OPRA), from December 24, 2019 to January 23, 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 OPRA Short Squeeze.
Opera Limited (NASDAQ: OPRA) Short Squeeze Analysis
During the last five days of trading, from January 16, 2020 to January 23, 2020 OPRA had a staggering 1,712,320 shares shorted while trading a total of 9,210,399 shares as show the on OPRA short page.
The last ten days of trading, from January 09, 2020 to January 23, 2020 OPRA had a staggering 2,217,614 shares shorted while trading a total of 12,545,076 shares as show the on OPRA short page.
Over the last twenty days of trading, from December 24, 2019 to January 23, 2020 OPRA had a staggering 2,435,630 shares shorted while trading a total of 14,864,380 shares as show the on OPRA 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 7 short days, 1 days with no change but 2 cover days. The last twenty trading days there were 11 short day, 3 days with no change but 6 cover days.
Opera Limited (NASDAQ: OPRA) 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 OPRA Short Squeeze.
Opera Limited (NASDAQ: OPRA) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,435,630|
|Total Actual Volume||14,864,380|
|Total Volume Discrepancy||9,941,120|
|No Change Days||3|
|Average Volume Discrepancy||497,056|
|Average Short Volume||121,781|
|Average Short Percentage||48%|
The Short Trend Indicator
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