United States Steel Corporation (NYSE:X) Short Squeeze

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Over the past twenty days of trading, United States Steel Corporation (NYSE: X), from November 11, 2019 to December 09, 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 X Short Squeeze.


United States Steel Corporation (NYSE: X) Short Squeeze Analysis

During the last five days of trading, from December 03, 2019 to December 09, 2019 X had a staggering 6,801,603 shares shorted while trading a total of 64,459,615 shares as show the on X short page.

The last ten days of trading, from November 25, 2019 to December 09, 2019 X had a staggering 13,979,586 shares shorted while trading a total of 128,140,753 shares as show the on X short page.

Over the last twenty days of trading, from November 11, 2019 to December 09, 2019 X had a staggering 24,154,388 shares shorted while trading a total of 232,349,430 shares as show the on X short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 8 short days, 2 days with no change but 0 cover days. The last twenty trading days there were 13 short day, 7 days with no change but 0 cover days.


United States Steel Corporation (NYSE: X) 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 X Short Squeeze.


United States Steel Corporation (NYSE: X) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume24,154,388
Total Actual Volume232,349,430
Total Volume Discrepancy190,187,997

Short Trends

Cover Days0
Short Days13
No Change Days7

Averages

Average Volume Discrepancy9,509,399
Average Short Volume1,207,719
Average Short Percentage55%

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