Universal Forest Products Inc. (NASDAQ:UFPI) Short Squeeze

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Over the past twenty days of trading, Universal Forest Products Inc. (NASDAQ: UFPI), from January 13, 2020 to February 10, 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 UFPI Short Squeeze.


Universal Forest Products Inc. (NASDAQ: UFPI) Short Squeeze Analysis

During the last five days of trading, from February 04, 2020 to February 10, 2020 UFPI had a staggering 144,390 shares shorted while trading a total of 1,302,896 shares as show the on UFPI short page.

The last ten days of trading, from January 28, 2020 to February 10, 2020 UFPI had a staggering 238,141 shares shorted while trading a total of 2,602,265 shares as show the on UFPI short page.

Over the last twenty days of trading, from January 13, 2020 to February 10, 2020 UFPI had a staggering 466,393 shares shorted while trading a total of 5,823,538 shares as show the on UFPI 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, 4 days with no change but 2 cover days. The last twenty trading days there were 6 short day, 10 days with no change but 4 cover days.


Universal Forest Products Inc. (NASDAQ: UFPI) 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 UFPI Short Squeeze.


Universal Forest Products Inc. (NASDAQ: UFPI) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume466,393
Total Actual Volume5,823,538
Total Volume Discrepancy4,639,650

Short Trends

Cover Days4
Short Days6
No Change Days10

Averages

Average Volume Discrepancy231,982
Average Short Volume23,319
Average Short Percentage45%

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