Over the past twenty days of trading, VanEck Vectors Junior Gold Miners (NYSE: GDXJ), from April 09, 2020 to May 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 GDXJ Short Squeeze.
VanEck Vectors Junior Gold Miners (NYSE: GDXJ) Short Squeeze Analysis
During the last five days of trading, from May 01, 2020 to May 07, 2020 GDXJ had a staggering 994,922 shares shorted while trading a total of 54,399,975 shares as show the on GDXJ short page.
The last ten days of trading, from April 24, 2020 to May 07, 2020 GDXJ had a staggering 1,864,189 shares shorted while trading a total of 114,822,962 shares as show the on GDXJ short page.
Over the last twenty days of trading, from April 09, 2020 to May 07, 2020 GDXJ had a staggering 4,351,242 shares shorted while trading a total of 290,886,367 shares as show the on GDXJ 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 2 short days, 7 days with no change but 1 cover days. The last twenty trading days there were 3 short day, 15 days with no change but 2 cover days.
VanEck Vectors Junior Gold Miners (NYSE: GDXJ) 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 GDXJ Short Squeeze.
VanEck Vectors Junior Gold Miners (NYSE: GDXJ) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||4,351,242|
|Total Actual Volume||290,886,367|
|Total Volume Discrepancy||280,541,941|
|No Change Days||15|
|Average Volume Discrepancy||14,027,097|
|Average Short Volume||217,562|
|Average Short Percentage||42%|
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.
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