Over the past twenty days of trading, Overstock.com Inc. (NASDAQ: OSTK), from September 12, 2019 to October 10, 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 OSTK Short Squeeze.
Overstock.com Inc. (NASDAQ: OSTK) Short Squeeze Analysis
During the last five days of trading, from October 04, 2019 to October 10, 2019 OSTK had a staggering 3,639,481 shares shorted while trading a total of 18,875,330 shares as show the on OSTK short page.
The last ten days of trading, from September 27, 2019 to October 10, 2019 OSTK had a staggering 7,429,475 shares shorted while trading a total of 37,541,839 shares as show the on OSTK short page.
Over the last twenty days of trading, from September 12, 2019 to October 10, 2019 OSTK had a staggering 22,346,696 shares shorted while trading a total of 142,938,639 shares as show the on OSTK short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 11 short day, 8 days with no change but 1 cover days.
Overstock.com Inc. (NASDAQ: OSTK) 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 OSTK Short Squeeze.
Overstock.com Inc. (NASDAQ: OSTK) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||22,346,696|
|Total Actual Volume||142,938,639|
|Total Volume Discrepancy||95,193,614|
|No Change Days||8|
|Average Volume Discrepancy||4,759,680|
|Average Short Volume||1,117,334|
|Average Short Percentage||50%|
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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