Over the past twenty days of trading, Processa Pharmaceuticals Inc. (OTCMKTS: PCSA), from May 13, 2020 to September 23, 2020 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 PCSA Short Squeeze.
Processa Pharmaceuticals Inc. (OTCMKTS: PCSA) Short Squeeze Analysis
During the last five days of trading, from September 17, 2020 to September 23, 2020 PCSA had a staggering 6,656 shares shorted while trading a total of 8,280 shares as show the on PCSA short page.
The last ten days of trading, from September 02, 2020 to September 23, 2020 PCSA had a staggering 9,256 shares shorted while trading a total of 12,528 shares as show the on PCSA short page.
Over the last twenty days of trading, from May 13, 2020 to September 23, 2020 PCSA had a staggering 15,508 shares shorted while trading a total of 22,719 shares as show the on PCSA short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 8 short days, 2 days with no change but 0 cover days. The last twenty trading days there were 14 short day, 4 days with no change but 2 cover days.
Processa Pharmaceuticals Inc. (OTCMKTS: PCSA) 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 PCSA Short Squeeze.
Processa Pharmaceuticals Inc. (OTCMKTS: PCSA) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 15,508 |
| Total Actual Volume | 22,719 |
| Total Volume Discrepancy | -60 |
Short Trends
| Cover Days | 2 |
| Short Days | 14 |
| No Change Days | 4 |
Averages
| Average Volume Discrepancy | -3 |
| Average Short Volume | 775 |
| Average Short Percentage | 67% |
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.
Processa Pharmaceuticals Inc. (OTCMKTS: PCSA) Chart
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