Over the past twenty days of trading, VanEck Vectors Oil Services (NYSE: OIH), from January 24, 2020 to March 26, 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 OIH Short Squeeze.
VanEck Vectors Oil Services (NYSE: OIH) Short Squeeze Analysis
During the last five days of trading, from March 20, 2020 to March 26, 2020 OIH had a staggering 980,141 shares shorted while trading a total of 89,071,361 shares as show the on OIH short page.
The last ten days of trading, from February 07, 2020 to March 26, 2020 OIH had a staggering 2,029,161 shares shorted while trading a total of 143,691,376 shares as show the on OIH short page.
Over the last twenty days of trading, from January 24, 2020 to March 26, 2020 OIH had a staggering 3,678,634 shares shorted while trading a total of 266,114,924 shares as show the on OIH 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 5 short days, 3 days with no change but 2 cover days. The last twenty trading days there were 7 short day, 7 days with no change but 6 cover days.
VanEck Vectors Oil Services (NYSE: OIH) 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 OIH Short Squeeze.
VanEck Vectors Oil Services (NYSE: OIH) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||3,678,634|
|Total Actual Volume||266,114,924|
|Total Volume Discrepancy||258,481,701|
|No Change Days||7|
|Average Volume Discrepancy||12,924,085|
|Average Short Volume||183,931|
|Average Short Percentage||45%|
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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