United States Oil Fund (NYSE:USO) Short Squeeze 2023-05-12

squeeze report news post

Over the past twenty days of trading, United States Oil Fund (NYSE: USO), from April 14, 2023 to May 11, 2023 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 USO Short Squeeze.


United States Oil Fund (NYSE: USO) Short Squeeze Analysis

During the last five days of trading, from May 05, 2023 to May 11, 2023 USO had a staggering 721,250 shares shorted while trading a total of 20,665,051 shares as show the on USO short page.

The last ten days of trading, from April 28, 2023 to May 11, 2023 USO had a staggering 1,854,251 shares shorted while trading a total of 50,103,206 shares as show the on USO short page.

Over the last twenty days of trading, from April 14, 2023 to May 11, 2023 USO had a staggering 3,594,868 shares shorted while trading a total of 80,035,007 shares as show the on USO short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 3 days with no change but 1 cover days. Over the last ten trading days there were 1 short days, 6 days with no change but 3 cover days. The last twenty trading days there were 6 short day, 11 days with no change but 3 cover days.


United States Oil Fund (NYSE: USO) 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 USO Short Squeeze.


United States Oil Fund (NYSE: USO) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume3,594,868
Total Actual Volume80,035,007
Total Volume Discrepancy72,689,779

Short Trends

Cover Days3
Short Days6
No Change Days11

Averages

Average Volume Discrepancy3,634,488
Average Short Volume179,743
Average Short Percentage47%

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.


United States Oil Fund (NYSE: USO) Chart


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 United States Oil Fund (NYSE: USO) and does not buy, sell, or trade any shares of USO. This article does not provide a professional analysis of a (USO) financial position. (USO) financial position and all other information regarding the featured Company should be verified directly with (USO). Please read our full disclaimer for more detailed information.