TOP Ships Inc. (NASDAQ:TOPS) Short Squeeze

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Over the past twenty days of trading, TOP Ships Inc. (NASDAQ: TOPS), from January 27, 2020 to March 27, 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 TOPS Short Squeeze.


TOP Ships Inc. (NASDAQ: TOPS) Short Squeeze Analysis

During the last five days of trading, from March 23, 2020 to March 27, 2020 TOPS had a staggering 46,738,599 shares shorted while trading a total of 438,258,076 shares as show the on TOPS short page.

The last ten days of trading, from February 10, 2020 to March 27, 2020 TOPS had a staggering 49,792,795 shares shorted while trading a total of 457,393,687 shares as show the on TOPS short page.

Over the last twenty days of trading, from January 27, 2020 to March 27, 2020 TOPS had a staggering 50,289,664 shares shorted while trading a total of 459,916,753 shares as show the on TOPS short page.

According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 14 short day, 2 days with no change but 4 cover days.


TOP Ships Inc. (NASDAQ: TOPS) 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 TOPS Short Squeeze.


TOP Ships Inc. (NASDAQ: TOPS) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume50,289,664
Total Actual Volume459,916,753
Total Volume Discrepancy367,684,374

Short Trends

Cover Days4
Short Days14
No Change Days2

Averages

Average Volume Discrepancy18,384,218
Average Short Volume2,514,483
Average Short Percentage53%

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 TOP Ships Inc. (NASDAQ: TOPS) and doed not buy, sell, or trade any shares of TOPS. This article does not provide a professional analysis of a (TOPS) financial position. (TOPS) financial position and all other information regarding the featured Company should be verified directly with (TOPS). Please read our full disclaimer for more detailed information.