Over the past twenty days of trading, ALX Oncology Holdings Inc. (NASDAQ: ALXO), from February 09, 2024 to March 08, 2024 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 ALXO Short Squeeze.
ALX Oncology Holdings Inc. (NASDAQ: ALXO) Short Squeeze Analysis
During the last five days of trading, from March 04, 2024 to March 08, 2024 ALXO had a staggering 273,876 shares shorted while trading a total of 2,122,953 shares as show the on ALXO short page.
The last ten days of trading, from February 26, 2024 to March 08, 2024 ALXO had a staggering 861,659 shares shorted while trading a total of 4,936,009 shares as show the on ALXO short page.
Over the last twenty days of trading, from February 09, 2024 to March 08, 2024 ALXO had a staggering 1,393,557 shares shorted while trading a total of 7,704,754 shares as show the on ALXO short page.
According to our proprietary algorithm during the last five trading days there were 0 short days, 3 days with no change but 2 cover days. Over the last ten trading days there were 4 short days, 3 days with no change but 3 cover days. The last twenty trading days there were 10 short day, 6 days with no change but 4 cover days.
ALX Oncology Holdings Inc. (NASDAQ: ALXO) 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 ALXO Short Squeeze.
ALX Oncology Holdings Inc. (NASDAQ: ALXO) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 1,393,557 |
| Total Actual Volume | 7,704,754 |
| Total Volume Discrepancy | 4,563,290 |
Short Trends
| Cover Days | 4 |
| Short Days | 10 |
| No Change Days | 6 |
Averages
| Average Volume Discrepancy | 228,164 |
| Average Short Volume | 69,677 |
| Average Short Percentage | 49% |
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.
ALX Oncology Holdings Inc. (NASDAQ: ALXO) Chart
Disclaimer
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