VelocityShares 3x Long Silver ETN (NASDAQ:USLV) Short Squeeze

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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 Volume664,738
Total Actual Volume5,588,689
Total Volume Discrepancy3,940,486

Short Trends

Cover Days5
Short Days6
No Change Days9

Averages

Average Volume Discrepancy197,024
Average Short Volume33,236
Average Short Percentage42%

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 VelocityShares 3x Long Silver ETN (NASDAQ: USLV) and doed not buy, sell, or trade any shares of USLV. This article does not provide a professional analysis of a (USLV) financial position. (USLV) financial position and all other information regarding the featured Company should be verified directly with (USLV). Please read our full disclaimer for more detailed information.