Wheaton Precious Metals Corp (NYSE:WPM) Short Squeeze

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Over the past twenty days of trading, Wheaton Precious Metals Corp (NYSE: WPM), from November 29, 2019 to December 27, 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 WPM Short Squeeze.


Wheaton Precious Metals Corp (NYSE: WPM) Short Squeeze Analysis

During the last five days of trading, from December 20, 2019 to December 27, 2019 WPM had a staggering 316,166 shares shorted while trading a total of 10,453,370 shares as show the on WPM short page.

The last ten days of trading, from December 13, 2019 to December 27, 2019 WPM had a staggering 845,440 shares shorted while trading a total of 19,344,983 shares as show the on WPM short page.

Over the last twenty days of trading, from November 29, 2019 to December 27, 2019 WPM had a staggering 1,213,473 shares shorted while trading a total of 35,246,928 shares as show the on WPM short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 6 short days, 3 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 7 days with no change but 4 cover days.


Wheaton Precious Metals Corp (NYSE: WPM) 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 WPM Short Squeeze.


Wheaton Precious Metals Corp (NYSE: WPM) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,213,473
Total Actual Volume35,246,928
Total Volume Discrepancy32,944,233

Short Trends

Cover Days4
Short Days9
No Change Days7

Averages

Average Volume Discrepancy1,647,211
Average Short Volume60,673
Average Short Percentage46%

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 Wheaton Precious Metals Corp (NYSE: WPM) and doed not buy, sell, or trade any shares of WPM. This article does not provide a professional analysis of a (WPM) financial position. (WPM) financial position and all other information regarding the featured Company should be verified directly with (WPM). Please read our full disclaimer for more detailed information.