Over the past twenty days of trading, VelocityShares 3x Inverse Silver ETN (NASDAQ: DSLV), from April 21, 2020 to May 18, 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 DSLV Short Squeeze.
VelocityShares 3x Inverse Silver ETN (NASDAQ: DSLV) Short Squeeze Analysis
During the last five days of trading, from May 12, 2020 to May 18, 2020 DSLV had a staggering 460,494 shares shorted while trading a total of 2,095,833 shares as show the on DSLV short page.
The last ten days of trading, from May 05, 2020 to May 18, 2020 DSLV had a staggering 567,765 shares shorted while trading a total of 3,121,846 shares as show the on DSLV short page.
Over the last twenty days of trading, from April 21, 2020 to May 18, 2020 DSLV had a staggering 1,288,974 shares shorted while trading a total of 6,276,218 shares as show the on DSLV short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 1 days with no change but 2 cover days. Over the last ten trading days there were 3 short days, 3 days with no change but 4 cover days. The last twenty trading days there were 10 short day, 5 days with no change but 5 cover days.
VelocityShares 3x Inverse Silver ETN (NASDAQ: DSLV) 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 DSLV Short Squeeze.
VelocityShares 3x Inverse Silver ETN (NASDAQ: DSLV) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,288,974|
|Total Actual Volume||6,276,218|
|Total Volume Discrepancy||3,889,659|
|No Change Days||5|
|Average Volume Discrepancy||194,482|
|Average Short Volume||64,448|
|Average Short Percentage||47%|
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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