Over the past twenty days of trading, Owens & Minor Inc. (NYSE: OMI), from January 29, 2020 to March 31, 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 OMI Short Squeeze.
Owens & Minor Inc. (NYSE: OMI) Short Squeeze Analysis
During the last five days of trading, from March 25, 2020 to March 31, 2020 OMI had a staggering 2,705,092 shares shorted while trading a total of 37,112,972 shares as show the on OMI short page.
The last ten days of trading, from February 12, 2020 to March 31, 2020 OMI had a staggering 2,991,360 shares shorted while trading a total of 48,282,859 shares as show the on OMI short page.
Over the last twenty days of trading, from January 29, 2020 to March 31, 2020 OMI had a staggering 3,616,286 shares shorted while trading a total of 62,706,914 shares as show the on OMI short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 0 days with no change but 2 cover days. Over the last ten trading days there were 4 short days, 2 days with no change but 4 cover days. The last twenty trading days there were 9 short day, 6 days with no change but 5 cover days.
Owens & Minor Inc. (NYSE: OMI) 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 OMI Short Squeeze.
Owens & Minor Inc. (NYSE: OMI) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||3,616,286|
|Total Actual Volume||62,706,914|
|Total Volume Discrepancy||55,492,231|
|No Change Days||6|
|Average Volume Discrepancy||2,774,611|
|Average Short Volume||180,814|
|Average Short Percentage||45%|
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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