Home Short Squeeze PennyMac Mortgage Investment Trust of Beneficial Interest (NYSE:PMT) Short Squeeze

PennyMac Mortgage Investment Trust of Beneficial Interest (NYSE:PMT) Short Squeeze

squeeze report news post

Over the past twenty days of trading, PennyMac Mortgage Investment Trust of Beneficial Interest (NYSE: PMT), from January 24, 2020 to March 26, 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 PMT Short Squeeze.


PennyMac Mortgage Investment Trust of Beneficial Interest (NYSE: PMT) Short Squeeze Analysis

During the last five days of trading, from March 20, 2020 to March 26, 2020 PMT had a staggering 1,005,068 shares shorted while trading a total of 27,044,100 shares as show the on PMT short page.

The last ten days of trading, from February 07, 2020 to March 26, 2020 PMT had a staggering 1,260,690 shares shorted while trading a total of 36,060,194 shares as show the on PMT short page.

Over the last twenty days of trading, from January 24, 2020 to March 26, 2020 PMT had a staggering 1,383,365 shares shorted while trading a total of 43,214,787 shares as show the on PMT short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 2 days with no change but 2 cover days. Over the last ten trading days there were 4 short days, 4 days with no change but 2 cover days. The last twenty trading days there were 6 short day, 11 days with no change but 3 cover days.


PennyMac Mortgage Investment Trust of Beneficial Interest (NYSE: PMT) 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 PMT Short Squeeze.


PennyMac Mortgage Investment Trust of Beneficial Interest (NYSE: PMT) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,383,365
Total Actual Volume43,214,787
Total Volume Discrepancy40,021,001

Short Trends

Cover Days3
Short Days6
No Change Days11

Averages

Average Volume Discrepancy2,001,050
Average Short Volume69,168
Average Short Percentage48%

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 PennyMac Mortgage Investment Trust of Beneficial Interest (NYSE: PMT) and doed not buy, sell, or trade any shares of PMT. This article does not provide a professional analysis of a (PMT) financial position. (PMT) financial position and all other information regarding the featured Company should be verified directly with (PMT). Please read our full disclaimer for more detailed information.

Subscribe to our Short Squeeze Alerts

Mobile is not required however for the fastest delivery be sure to add your mobile.

Subscribe to our Short Squeeze Alerts