Over the past twenty days of trading, VelocityShares 3x Long Silver ETN (NASDAQ: USLV), from October 08, 2019 to November 04, 2019 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 USLV Short Squeeze.
VelocityShares 3x Long Silver ETN (NASDAQ: USLV) Short Squeeze Analysis
During the last five days of trading, from October 29, 2019 to November 04, 2019 USLV had a staggering 177,103 shares shorted while trading a total of 1,340,247 shares as show the on USLV short page.
The last ten days of trading, from October 22, 2019 to November 04, 2019 USLV had a staggering 339,718 shares shorted while trading a total of 2,756,638 shares as show the on USLV short page.
Over the last twenty days of trading, from October 08, 2019 to November 04, 2019 USLV had a staggering 664,738 shares shorted while trading a total of 5,588,689 shares as show the on USLV short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 3 short days, 5 days with no change but 2 cover days. The last twenty trading days there were 6 short day, 9 days with no change but 5 cover days.
VelocityShares 3x Long Silver ETN (NASDAQ: USLV) 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 USLV Short Squeeze.
VelocityShares 3x Long Silver ETN (NASDAQ: USLV) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||664,738|
|Total Actual Volume||5,588,689|
|Total Volume Discrepancy||3,940,486|
|No Change Days||9|
|Average Volume Discrepancy||197,024|
|Average Short Volume||33,236|
|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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