ProShares Ultra Russell2000 (NYSE:UWM) Short Squeeze

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squeeze report news post

Over the past twenty days of trading, ProShares Ultra Russell2000 (NYSE: UWM), from April 15, 2020 to May 12, 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 UWM Short Squeeze.


ProShares Ultra Russell2000 (NYSE: UWM) Short Squeeze Analysis

During the last five days of trading, from May 06, 2020 to May 12, 2020 UWM had a staggering 184,593 shares shorted while trading a total of 3,558,229 shares as show the on UWM short page.

The last ten days of trading, from April 29, 2020 to May 12, 2020 UWM had a staggering 368,087 shares shorted while trading a total of 7,691,958 shares as show the on UWM short page.

Over the last twenty days of trading, from April 15, 2020 to May 12, 2020 UWM had a staggering 663,274 shares shorted while trading a total of 14,407,539 shares as show the on UWM short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 1 days with no change but 2 cover days. Over the last ten trading days there were 5 short days, 3 days with no change but 2 cover days. The last twenty trading days there were 6 short day, 9 days with no change but 5 cover days.


ProShares Ultra Russell2000 (NYSE: UWM) 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 UWM Short Squeeze.


ProShares Ultra Russell2000 (NYSE: UWM) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume663,274
Total Actual Volume14,407,539
Total Volume Discrepancy12,948,072

Short Trends

Cover Days5
Short Days6
No Change Days9

Averages

Average Volume Discrepancy647,403
Average Short Volume33,163
Average Short Percentage43%

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

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