Over the past twenty days of trading, ProShares UltraShort S&P500 (NYSE: SDS), from November 05, 2019 to December 03, 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 SDS Short Squeeze.
ProShares UltraShort S&P500 (NYSE: SDS) Short Squeeze Analysis
During the last five days of trading, from November 26, 2019 to December 03, 2019 SDS had a staggering 1,813,793 shares shorted while trading a total of 27,428,305 shares as show the on SDS short page.
The last ten days of trading, from November 19, 2019 to December 03, 2019 SDS had a staggering 3,689,936 shares shorted while trading a total of 51,364,575 shares as show the on SDS short page.
Over the last twenty days of trading, from November 05, 2019 to December 03, 2019 SDS had a staggering 7,453,883 shares shorted while trading a total of 98,353,611 shares as show the on SDS 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 12 short day, 6 days with no change but 2 cover days.
ProShares UltraShort S&P500 (NYSE: SDS) 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 SDS Short Squeeze.
ProShares UltraShort S&P500 (NYSE: SDS) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||7,453,883|
|Total Actual Volume||98,353,611|
|Total Volume Discrepancy||83,132,124|
|No Change Days||6|
|Average Volume Discrepancy||4,156,606|
|Average Short Volume||372,694|
|Average Short Percentage||48%|
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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