TerraForm Power Inc. (NASDAQ:TERP) Short Squeeze

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Over the past twenty days of trading, TerraForm Power Inc. (NASDAQ: TERP), 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 TERP Short Squeeze.


TerraForm Power Inc. (NASDAQ: TERP) Short Squeeze Analysis

During the last five days of trading, from March 27, 2020 to April 02, 2020 TERP had a staggering 323,705 shares shorted while trading a total of 4,771,506 shares as show the on TERP short page.

The last ten days of trading, from March 20, 2020 to April 02, 2020 TERP had a staggering 1,035,035 shares shorted while trading a total of 12,543,651 shares as show the on TERP short page.

Over the last twenty days of trading, from January 31, 2020 to April 02, 2020 TERP had a staggering 2,092,020 shares shorted while trading a total of 23,229,808 shares as show the on TERP 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 3 short days, 5 days with no change but 2 cover days. The last twenty trading days there were 6 short day, 10 days with no change but 4 cover days.


TerraForm Power Inc. (NASDAQ: TERP) 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 TERP Short Squeeze.


TerraForm Power Inc. (NASDAQ: TERP) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,092,020
Total Actual Volume23,229,808
Total Volume Discrepancy18,489,561

Short Trends

Cover Days4
Short Days6
No Change Days10

Averages

Average Volume Discrepancy924,478
Average Short Volume104,601
Average Short Percentage44%

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.


Disclaimer

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of TerraForm Power Inc. (NASDAQ: TERP) and doed not buy, sell, or trade any shares of TERP. This article does not provide a professional analysis of a (TERP) financial position. (TERP) financial position and all other information regarding the featured Company should be verified directly with (TERP). Please read our full disclaimer for more detailed information.