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 Volume||2,645,661|
|Total Actual Volume||25,129,563|
|Total Volume Discrepancy||19,176,373|
|No Change Days||6|
|Average Volume Discrepancy||958,818|
|Average Short Volume||132,283|
|Average Short Percentage||45%|
The Short Trend Indicator
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