Over the past twenty days of trading, The Goodyear Tire & Rubber Company (NASDAQ: GT), from November 20, 2019 to March 31, 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 GT Short Squeeze.
The Goodyear Tire & Rubber Company (NASDAQ: GT) Short Squeeze Analysis
During the last five days of trading, from March 25, 2020 to March 31, 2020 GT had a staggering 4,369,118 shares shorted while trading a total of 34,823,361 shares as show the on GT short page.
The last ten days of trading, from December 05, 2019 to March 31, 2020 GT had a staggering 7,981,556 shares shorted while trading a total of 71,785,868 shares as show the on GT short page.
Over the last twenty days of trading, from November 20, 2019 to March 31, 2020 GT had a staggering 9,735,080 shares shorted while trading a total of 90,806,877 shares as show the on GT short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 4 short days, 3 days with no change but 3 cover days. The last twenty trading days there were 5 short day, 11 days with no change but 4 cover days.
The Goodyear Tire & Rubber Company (NASDAQ: GT) 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 GT Short Squeeze.
The Goodyear Tire & Rubber Company (NASDAQ: GT) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||9,735,080|
|Total Actual Volume||90,806,877|
|Total Volume Discrepancy||68,971,910|
|No Change Days||11|
|Average Volume Discrepancy||3,448,595|
|Average Short Volume||486,754|
|Average Short Percentage||43%|
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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