Over the past twenty days of trading, Universal Display Corporation (NASDAQ: OLED), from December 09, 2019 to January 07, 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 OLED Short Squeeze.
Universal Display Corporation (NASDAQ: OLED) Short Squeeze Analysis
During the last five days of trading, from December 31, 2019 to January 07, 2020 OLED had a staggering 260,610 shares shorted while trading a total of 2,074,247 shares as show the on OLED short page.
The last ten days of trading, from December 23, 2019 to January 07, 2020 OLED had a staggering 633,681 shares shorted while trading a total of 5,060,097 shares as show the on OLED short page.
Over the last twenty days of trading, from December 09, 2019 to January 07, 2020 OLED had a staggering 1,110,062 shares shorted while trading a total of 9,944,111 shares as show the on OLED 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, 5 days with no change but 1 cover days. The last twenty trading days there were 6 short day, 9 days with no change but 5 cover days.
Universal Display Corporation (NASDAQ: OLED) 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 OLED Short Squeeze.
Universal Display Corporation (NASDAQ: OLED) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,110,062|
|Total Actual Volume||9,944,111|
|Total Volume Discrepancy||7,433,877|
|No Change Days||9|
|Average Volume Discrepancy||371,693|
|Average Short Volume||55,503|
|Average Short Percentage||44%|
The Short Trend Indicator
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