Over the past twenty days of trading, ProShares UltraPro S&P 500 (NYSE: UPRO), from February 05, 2020 to April 07, 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 UPRO Short Squeeze.
ProShares UltraPro S&P 500 (NYSE: UPRO) Short Squeeze Analysis
During the last five days of trading, from April 01, 2020 to April 07, 2020 UPRO had a staggering 7,945,535 shares shorted while trading a total of 116,973,271 shares as show the on UPRO short page.
The last ten days of trading, from March 25, 2020 to April 07, 2020 UPRO had a staggering 15,711,266 shares shorted while trading a total of 233,551,619 shares as show the on UPRO short page.
Over the last twenty days of trading, from February 05, 2020 to April 07, 2020 UPRO had a staggering 24,170,696 shares shorted while trading a total of 351,403,948 shares as show the on UPRO short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 3 short days, 7 days with no change but 0 cover days. The last twenty trading days there were 5 short day, 11 days with no change but 4 cover days.
ProShares UltraPro S&P 500 (NYSE: UPRO) 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 UPRO Short Squeeze.
ProShares UltraPro S&P 500 (NYSE: UPRO) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||24,170,696|
|Total Actual Volume||351,403,948|
|Total Volume Discrepancy||299,561,202|
|No Change Days||11|
|Average Volume Discrepancy||14,978,060|
|Average Short Volume||1,208,534|
|Average Short Percentage||41%|
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.
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