AbbVie Inc. (NYSE:ABBV) Short Squeeze

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Over the past twenty days of trading, AbbVie Inc. (NYSE: ABBV), from October 29, 2019 to November 25, 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 ABBV Short Squeeze.


AbbVie Inc. (NYSE: ABBV) Short Squeeze Analysis

During the last five days of trading, from November 19, 2019 to November 25, 2019 ABBV had a staggering 723,655 shares shorted while trading a total of 44,982,978 shares as show the on ABBV short page.

The last ten days of trading, from November 12, 2019 to November 25, 2019 ABBV had a staggering 1,891,378 shares shorted while trading a total of 82,167,974 shares as show the on ABBV short page.

Over the last twenty days of trading, from October 29, 2019 to November 25, 2019 ABBV had a staggering 4,393,116 shares shorted while trading a total of 170,712,878 shares as show the on ABBV 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, 4 days with no change but 2 cover days. The last twenty trading days there were 7 short day, 11 days with no change but 2 cover days.


AbbVie Inc. (NYSE: ABBV) 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 ABBV Short Squeeze.


AbbVie Inc. (NYSE: ABBV) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume4,393,116
Total Actual Volume170,712,878
Total Volume Discrepancy161,430,781

Short Trends

Cover Days2
Short Days7
No Change Days11

Averages

Average Volume Discrepancy8,071,539
Average Short Volume219,655
Average Short Percentage47%

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