ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Short Squeeze

squeeze report news post

Over the past twenty days of trading, ProShares UltraPro Short QQQ (NASDAQ: SQQQ), from October 18, 2019 to November 14, 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 SQQQ Short Squeeze.


ProShares UltraPro Short QQQ (NASDAQ: SQQQ) Short Squeeze Analysis

During the last five days of trading, from November 08, 2019 to November 14, 2019 SQQQ had a staggering 3,879,324 shares shorted while trading a total of 45,827,448 shares as show the on SQQQ short page.

The last ten days of trading, from November 01, 2019 to November 14, 2019 SQQQ had a staggering 8,492,774 shares shorted while trading a total of 101,817,996 shares as show the on SQQQ short page.

Over the last twenty days of trading, from October 18, 2019 to November 14, 2019 SQQQ had a staggering 21,153,807 shares shorted while trading a total of 219,299,389 shares as show the on SQQQ short page.

According to our proprietary algorithm during the last five trading days there were 0 short days, 2 days with no change but 3 cover days. Over the last ten trading days there were 1 short days, 4 days with no change but 5 cover days. The last twenty trading days there were 3 short day, 7 days with no change but 10 cover days.


ProShares UltraPro Short QQQ (NASDAQ: SQQQ) 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 SQQQ Short Squeeze.


ProShares UltraPro Short QQQ (NASDAQ: SQQQ) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume21,153,807
Total Actual Volume219,299,389
Total Volume Discrepancy165,774,018

Short Trends

Cover Days10
Short Days3
No Change Days7

Averages

Average Volume Discrepancy8,288,700
Average Short Volume1,057,690
Average Short Percentage39%

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