ODP SqueezeTrigger Price is $5.04. There is $63,890,698 That Short Sellers Still Need To Cover.
May 18, 2017 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net is monitoring Office Depot Inc. (NASDAQ:ODP) in real time and just received an alert that ODP is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 12552200 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $5.04. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net .
From August 2009 to April 2017, an aggregate amount of 8277908689 shares of ODP have been shorted for a total dollar value of $41389543445. The ODP SqueezeTrigger price of $5.04 is the volume weighted average price that all shorts are short in shares of ODP. There is still approximately $63,890,698 of potential short covering in shares of ODP.
Buyins.net has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger Price for each stock that has been shorted. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of short squeeze events. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at http://www.buyins.net .
Office Depot Inc. (NASDAQ:ODP) - Office Depot, Inc., together with its subsidiaries, supplies office products and services in North America. The company operates in two segments, North American Retail and North American Business Solutions. It offers office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture, as well as copy and print services. The company sells its products and services to consumers and businesses through office supply stores, a contract sales force, Internet sites, an outbound telephone account management sales force, direct marketing catalogs, and call centers. As of December 31, 2016, it operated 1,441 stores in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers its products under various labels, including Office Depot, OfficeMax, Foray, Ativa, TUL, Realspace, WorkPro, Brenton Studio, Highmark, Grand & Toy, and Viking Office Products. Office Depot, Inc. was founded in 1986 and is headquartered in Boca Raton, Florida..
The SqueezeTrigger database of billions of short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data. Total Short Interest is the number of shares shorted but not yet covered, and is different from total short volume. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net
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