Over the past twenty days of trading, SM Energy Company (NYSE: SM), from October 01, 2019 to October 28, 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 SM Short Squeeze.
SM Energy Company (NYSE: SM) Short Squeeze Analysis
During the last five days of trading, from October 22, 2019 to October 28, 2019 SM had a staggering 773,227 shares shorted while trading a total of 19,832,573 shares as show the on SM short page.
The last ten days of trading, from October 15, 2019 to October 28, 2019 SM had a staggering 1,634,343 shares shorted while trading a total of 38,734,027 shares as show the on SM short page.
Over the last twenty days of trading, from October 01, 2019 to October 28, 2019 SM had a staggering 3,433,540 shares shorted while trading a total of 79,809,107 shares as show the on SM short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 15 short day, 5 days with no change but 0 cover days.
SM Energy Company (NYSE: SM) 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 SM Short Squeeze.
SM Energy Company (NYSE: SM) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||3,433,540|
|Total Actual Volume||79,809,107|
|Total Volume Discrepancy||73,661,497|
|No Change Days||5|
|Average Volume Discrepancy||3,683,074|
|Average Short Volume||171,677|
|Average Short Percentage||56%|
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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