Over the past twenty days of trading, Organigram Holdings Inc. (NYSE: OGI), from October 25, 2019 to November 21, 2019 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 OGI Short Squeeze.
Organigram Holdings Inc. (NYSE: OGI) Short Squeeze Analysis
During the last five days of trading, from November 15, 2019 to November 21, 2019 OGI had a staggering 4,045,686 shares shorted while trading a total of 27,086,973 shares as show the on OGI short page.
The last ten days of trading, from November 08, 2019 to November 21, 2019 OGI had a staggering 7,373,544 shares shorted while trading a total of 50,012,975 shares as show the on OGI short page.
Over the last twenty days of trading, from October 25, 2019 to November 21, 2019 OGI had a staggering 9,146,237 shares shorted while trading a total of 66,041,702 shares as show the on OGI short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 8 short days, 2 days with no change but 0 cover days. The last twenty trading days there were 14 short day, 6 days with no change but 0 cover days.
Organigram Holdings Inc. (NYSE: OGI) 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 OGI Short Squeeze.
Organigram Holdings Inc. (NYSE: OGI) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||9,146,237|
|Total Actual Volume||66,041,702|
|Total Volume Discrepancy||49,507,155|
|No Change Days||6|
|Average Volume Discrepancy||2,475,357|
|Average Short Volume||457,311|
|Average Short Percentage||54%|
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.
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