Akebia Therapeutics Inc. (NASDAQ:AKBA) Short Squeeze

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Over the past twenty days of trading, Akebia Therapeutics Inc. (NASDAQ: AKBA), from April 07, 2020 to May 05, 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 AKBA Short Squeeze.


Akebia Therapeutics Inc. (NASDAQ: AKBA) Short Squeeze Analysis

During the last five days of trading, from April 29, 2020 to May 05, 2020 AKBA had a staggering 1,985,949 shares shorted while trading a total of 20,521,016 shares as show the on AKBA short page.

The last ten days of trading, from April 22, 2020 to May 05, 2020 AKBA had a staggering 2,475,443 shares shorted while trading a total of 24,087,247 shares as show the on AKBA short page.

Over the last twenty days of trading, from April 07, 2020 to May 05, 2020 AKBA had a staggering 3,988,426 shares shorted while trading a total of 33,638,474 shares as show the on AKBA 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, 3 days with no change but 1 cover days. The last twenty trading days there were 15 short day, 4 days with no change but 1 cover days.


Akebia Therapeutics Inc. (NASDAQ: AKBA) 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 AKBA Short Squeeze.


Akebia Therapeutics Inc. (NASDAQ: AKBA) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume3,988,426
Total Actual Volume33,638,474
Total Volume Discrepancy22,937,638

Short Trends

Cover Days1
Short Days15
No Change Days4

Averages

Average Volume Discrepancy1,146,881
Average Short Volume199,421
Average Short Percentage56%

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