ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) Short Squeeze

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Over the past twenty days of trading, ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), from March 19, 2020 to April 16, 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 ACAD Short Squeeze.


ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) Short Squeeze Analysis

During the last five days of trading, from April 09, 2020 to April 16, 2020 ACAD had a staggering 679,005 shares shorted while trading a total of 5,817,626 shares as show the on ACAD short page.

The last ten days of trading, from April 02, 2020 to April 16, 2020 ACAD had a staggering 1,418,984 shares shorted while trading a total of 11,578,452 shares as show the on ACAD short page.

Over the last twenty days of trading, from March 19, 2020 to April 16, 2020 ACAD had a staggering 2,645,661 shares shorted while trading a total of 25,129,563 shares as show the on ACAD short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 6 short days, 2 days with no change but 2 cover days. The last twenty trading days there were 8 short day, 6 days with no change but 6 cover days.


ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) 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 ACAD Short Squeeze.


ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,645,661
Total Actual Volume25,129,563
Total Volume Discrepancy19,176,373

Short Trends

Cover Days6
Short Days8
No Change Days6

Averages

Average Volume Discrepancy958,818
Average Short Volume132,283
Average Short Percentage45%

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