Over the past twenty days of trading, Akers Biosciences Inc. (NASDAQ: AKER), from November 26, 2019 to April 06, 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 AKER Short Squeeze.
Akers Biosciences Inc. (NASDAQ: AKER) Short Squeeze Analysis
During the last five days of trading, from March 31, 2020 to April 06, 2020 AKER had a staggering 11,263,468 shares shorted while trading a total of 57,009,603 shares as show the on AKER short page.
The last ten days of trading, from March 24, 2020 to April 06, 2020 AKER had a staggering 12,390,954 shares shorted while trading a total of 64,176,596 shares as show the on AKER short page.
Over the last twenty days of trading, from November 26, 2019 to April 06, 2020 AKER had a staggering 12,589,678 shares shorted while trading a total of 66,007,486 shares as show the on AKER short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 12 short day, 7 days with no change but 1 cover days.
Akers Biosciences Inc. (NASDAQ: AKER) 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 AKER Short Squeeze.
Akers Biosciences Inc. (NASDAQ: AKER) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||12,589,678|
|Total Actual Volume||66,007,486|
|Total Volume Discrepancy||45,854,958|
|No Change Days||7|
|Average Volume Discrepancy||2,292,747|
|Average Short Volume||629,483|
|Average Short Percentage||56%|
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.
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