ProShares UltraPro 3x Crude Oil (NYSE:OILU) Short Squeeze

squeeze report news post

Over the past twenty days of trading, ProShares UltraPro 3x Crude Oil (NYSE: OILU), from September 17, 2019 to October 17, 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 OILU Short Squeeze.


ProShares UltraPro 3x Crude Oil (NYSE: OILU) Short Squeeze Analysis

During the last five days of trading, from October 09, 2019 to October 17, 2019 OILU had a staggering 220,901 shares shorted while trading a total of 7,724,873 shares as show the on OILU short page.

The last ten days of trading, from October 02, 2019 to October 17, 2019 OILU had a staggering 853,601 shares shorted while trading a total of 19,858,567 shares as show the on OILU short page.

Over the last twenty days of trading, from September 17, 2019 to October 17, 2019 OILU had a staggering 1,635,301 shares shorted while trading a total of 36,924,270 shares as show the on OILU short page.

According to our proprietary algorithm during the last five trading days there were 0 short days, 0 days with no change but 5 cover days. Over the last ten trading days there were 2 short days, 1 days with no change but 7 cover days. The last twenty trading days there were 2 short day, 8 days with no change but 10 cover days.


ProShares UltraPro 3x Crude Oil (NYSE: OILU) 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 OILU Short Squeeze.


ProShares UltraPro 3x Crude Oil (NYSE: OILU) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,635,301
Total Actual Volume36,924,270
Total Volume Discrepancy32,247,979

Short Trends

Cover Days10
Short Days2
No Change Days8

Averages

Average Volume Discrepancy1,612,398
Average Short Volume81,765
Average Short Percentage33%

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 ProShares UltraPro 3x Crude Oil (NYSE: OILU) and doed not buy, sell, or trade any shares of OILU. This article does not provide a professional analysis of a (OILU) financial position. (OILU) financial position and all other information regarding the featured Company should be verified directly with (OILU). Please read our full disclaimer for more detailed information.