Over the past twenty days of trading, SPDR Portfolio Long Term Treasury (NYSE: SPTL), from November 18, 2019 to December 16, 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 SPTL Short Squeeze.
SPDR Portfolio Long Term Treasury (NYSE: SPTL) Short Squeeze Analysis
During the last five days of trading, from December 10, 2019 to December 16, 2019 SPTL had a staggering 172,689 shares shorted while trading a total of 1,787,257 shares as show the on SPTL short page.
The last ten days of trading, from December 03, 2019 to December 16, 2019 SPTL had a staggering 294,600 shares shorted while trading a total of 4,460,731 shares as show the on SPTL short page.
Over the last twenty days of trading, from November 18, 2019 to December 16, 2019 SPTL had a staggering 571,138 shares shorted while trading a total of 9,066,144 shares as show the on SPTL short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 3 short days, 4 days with no change but 3 cover days. The last twenty trading days there were 7 short day, 7 days with no change but 6 cover days.
SPDR Portfolio Long Term Treasury (NYSE: SPTL) 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 SPTL Short Squeeze.
SPDR Portfolio Long Term Treasury (NYSE: SPTL) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||571,138|
|Total Actual Volume||9,066,144|
|Total Volume Discrepancy||7,817,071|
|No Change Days||7|
|Average Volume Discrepancy||390,853|
|Average Short Volume||28,556|
|Average Short Percentage||44%|
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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