Over the past twenty days of trading, O’Reilly Automotive Inc. (NASDAQ: ORLY), from January 06, 2020 to February 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 ORLY Short Squeeze.
O’Reilly Automotive Inc. (NASDAQ: ORLY) Short Squeeze Analysis
During the last five days of trading, from January 28, 2020 to February 03, 2020 ORLY had a staggering 368,068 shares shorted while trading a total of 3,475,609 shares as show the on ORLY short page.
The last ten days of trading, from January 21, 2020 to February 03, 2020 ORLY had a staggering 544,181 shares shorted while trading a total of 6,338,224 shares as show the on ORLY short page.
Over the last twenty days of trading, from January 06, 2020 to February 03, 2020 ORLY had a staggering 1,210,470 shares shorted while trading a total of 12,206,765 shares as show the on ORLY short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 2 short days, 5 days with no change but 3 cover days. The last twenty trading days there were 5 short day, 11 days with no change but 4 cover days.
O’Reilly Automotive Inc. (NASDAQ: ORLY) 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 ORLY Short Squeeze.
O’Reilly Automotive Inc. (NASDAQ: ORLY) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 1,210,470 |
| Total Actual Volume | 12,206,765 |
| Total Volume Discrepancy | 9,120,218 |
Short Trends
| Cover Days | 4 |
| Short Days | 5 |
| No Change Days | 11 |
Averages
| Average Volume Discrepancy | 456,010 |
| Average Short Volume | 60,523 |
| Average Short Percentage | 42% |
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
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