Over the past twenty days of trading, Svenska Handelsbanken ADR (OTCMKTS: SVNLY), from January 31, 2020 to April 02, 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 SVNLY Short Squeeze.
Svenska Handelsbanken ADR (OTCMKTS: SVNLY) Short Squeeze Analysis
During the last five days of trading, from March 27, 2020 to April 02, 2020 SVNLY had a staggering 1,074,648 shares shorted while trading a total of 1,935,041 shares as show the on SVNLY short page.
The last ten days of trading, from March 20, 2020 to April 02, 2020 SVNLY had a staggering 1,676,103 shares shorted while trading a total of 3,151,211 shares as show the on SVNLY short page.
Over the last twenty days of trading, from January 31, 2020 to April 02, 2020 SVNLY had a staggering 6,855,031 shares shorted while trading a total of 21,392,712 shares as show the on SVNLY short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 0 days with no change but 1 cover days. Over the last ten trading days there were 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 8 short day, 7 days with no change but 5 cover days.
Svenska Handelsbanken ADR (OTCMKTS: SVNLY) 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 SVNLY Short Squeeze.
Svenska Handelsbanken ADR (OTCMKTS: SVNLY) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||6,855,031|
|Total Actual Volume||21,392,712|
|Total Volume Discrepancy||10,421,876|
|No Change Days||7|
|Average Volume Discrepancy||521,093|
|Average Short Volume||342,751|
|Average Short Percentage||45%|
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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