Opera Limited (NASDAQ:OPRA) Short Squeeze

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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 Volume2,435,630
Total Actual Volume14,864,380
Total Volume Discrepancy9,941,120

Short Trends

Cover Days6
Short Days11
No Change Days3

Averages

Average Volume Discrepancy497,056
Average Short Volume121,781
Average Short Percentage48%

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