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The following is a list of companies that saw unusually high trading volume during Tuesday's session. For each stock we'll list the Relative Volume indicator, which expresses Tuesday's volume as a multiple of the three month average volume.

All of these stocks have seen a significant increase in short interest over the past three months. Which raises the question: Is today's high volume a possible signal of a short squeeze? Full details below.

Short trends data sourced from AOL Money. All short trends described occurred between 7/30 and 10/29.

Interactive Chart: Press Play to compare monthly returns of all stocks mentioned bellow.

The list has been sorted by the change in shares shorted. Reminder: All short trends described occurred between 7/30 - 10/29.

1. China Yuchai International Limited (CYD): Diversified Machinery Industry. Market cap of $946.66M. Relative volume at 3.98. Shorted shares have increased from 203K to 788K (+289% increase). Short float at 4.2%, which implies a short ratio of 2.36 days. The stock has gained 70.01% over the last year.

2. Nexen Inc. (NXY): Independent Oil & Gas Industry. Market cap of $11.66B. Relative volume at 3.09. Shorted shares have increased from 983K to 3.49M (+255% increase). Short float at 0.67%, which implies a short ratio of 1.71 days. The stock has lost -9.17% over the last year.

3. Alexco Resource Corporation (AXU): Nonmetallic Mineral Mining Industry. Market cap of $335.1M. Relative volume at 3.02. Shorted shares have increased from 80K to 270K (+237% increase). Short float at 0.55%, which implies a short ratio of 0.7 days. The stock has gained 129.93% over the last year.

4. eLong Inc. (LONG): Personal Services Industry. Market cap of $432.23M. Relative volume at 4.27. Shorted shares have increased from 19K to 55K (+196% increase). Short float at 0.65%, which implies a short ratio of 1.5 days. The stock has gained 13.65% over the last year.

5. Silvercorp Metals Inc. (SVM): Silver Industry. Market cap of $3.25B. Relative volume at 5.21. Shorted shares have increased from 265K to 722K (+172% increase). Short float at 0.25%, which implies a short ratio of 0.38 days. The stock has gained 85.31% over the last year.

6. Tenaris SA (TS): Steel & Iron Industry. Market cap of $26.17B. Relative volume at 3.75. Shorted shares have increased from 3.37M to 7.62M (+126% increase). Short float at 3.28%, which implies a short ratio of 4.92 days. The stock has gained 12.09% over the last year.

7. Energy Services of America Corporation (ESA): Oil & Gas Equipment & Services Industry. Market cap of $392.32M. Relative volume at 4.41. Shorted shares have increased from 2K to 5K (+124% increase). Short float at 0.01%, which implies a short ratio of 0.66 days. The stock has gained 21.21% over the last year.

8. Gulf Resources, Inc. (GFRE): Specialty Chemicals Industry. Market cap of $331.16M. Relative volume at 3.73. Shorted shares have increased from 1.27M to 2.84M (+124% increase). Short float at 16.23%, which implies a short ratio of 9.28 days. The stock has gained 9.89% over the last year.

Disclosure: No positions

Source: Squeeze Ideas: Stocks Targeted by Shorts Seeing Unusually High Volume