United States Oil Fund (NYSE:USO) Short Squeeze

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Over the past twenty days of trading, United States Oil Fund (NYSE: USO), from October 30, 2019 to November 26, 2019 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 November 20, 2019 to November 26, 2019 USO had a staggering 6,718,408 shares shorted while trading a total of 118,294,591 shares as show the on USO short page.

The last ten days of trading, from November 13, 2019 to November 26, 2019 USO had a staggering 14,348,931 shares shorted while trading a total of 231,427,360 shares as show the on USO short page.

Over the last twenty days of trading, from October 30, 2019 to November 26, 2019 USO had a staggering 29,014,814 shares shorted while trading a total of 463,564,459 shares as show the on USO short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 4 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.


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 Volume29,014,814
Total Actual Volume463,564,459
Total Volume Discrepancy402,525,387

Short Trends

Cover Days0
Short Days9
No Change Days11

Averages

Average Volume Discrepancy20,126,269
Average Short Volume1,450,740
Average Short Percentage48%

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 United States Oil Fund (NYSE: USO) and doed 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.