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 Volume||2,092,020|
|Total Actual Volume||23,229,808|
|Total Volume Discrepancy||18,489,561|
|No Change Days||10|
|Average Volume Discrepancy||924,478|
|Average Short Volume||104,601|
|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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