Over the past twenty days of trading, Uber Technologies Inc. (NYSE: UBER), from August 23, 2022 to September 21, 2022 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 UBER Short Squeeze.
Uber Technologies Inc. (NYSE: UBER) Short Squeeze Analysis
During the last five days of trading, from September 15, 2022 to September 21, 2022 UBER had a staggering 4,306,137 shares shorted while trading a total of 161,524,984 shares as show the on UBER short page.
The last ten days of trading, from September 08, 2022 to September 21, 2022 UBER had a staggering 9,033,264 shares shorted while trading a total of 312,066,254 shares as show the on UBER short page.
Over the last twenty days of trading, from August 23, 2022 to September 21, 2022 UBER had a staggering 14,182,218 shares shorted while trading a total of 507,765,347 shares as show the on UBER short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 4 short days, 6 days with no change but 0 cover days. The last twenty trading days there were 9 short day, 11 days with no change but 0 cover days.
Uber Technologies Inc. (NYSE: UBER) 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 UBER Short Squeeze.
Uber Technologies Inc. (NYSE: UBER) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||14,182,218|
|Total Actual Volume||507,765,347|
|Total Volume Discrepancy||478,422,187|
|No Change Days||11|
|Average Volume Discrepancy||23,921,109|
|Average Short Volume||709,110|
|Average Short Percentage||48%|
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.
Uber Technologies Inc. (NYSE: UBER) Chart
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