Owens & Minor Inc. (NYSE:OMI) Short Squeeze

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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 Volume3,616,286
Total Actual Volume62,706,914
Total Volume Discrepancy55,492,231

Short Trends

Cover Days5
Short Days9
No Change Days6

Averages

Average Volume Discrepancy2,774,611
Average Short Volume180,814
Average Short Percentage45%

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