Over the past twenty days of trading, Akoustis Technologies Inc. (NASDAQ: AKTS), from April 26, 2024 to May 23, 2024 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 AKTS Short Squeeze.
Akoustis Technologies Inc. (NASDAQ: AKTS) Short Squeeze Analysis
During the last five days of trading, from May 17, 2024 to May 23, 2024 AKTS had a staggering 114,746,961 shares shorted while trading a total of 621,050,104 shares as show the on AKTS short page.
The last ten days of trading, from May 10, 2024 to May 23, 2024 AKTS had a staggering 116,298,385 shares shorted while trading a total of 627,102,416 shares as show the on AKTS short page.
Over the last twenty days of trading, from April 26, 2024 to May 23, 2024 AKTS had a staggering 116,832,997 shares shorted while trading a total of 630,719,687 shares as show the on AKTS short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 10 short day, 6 days with no change but 4 cover days.
Akoustis Technologies Inc. (NASDAQ: AKTS) 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 AKTS Short Squeeze.
Akoustis Technologies Inc. (NASDAQ: AKTS) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 116,832,997 |
| Total Actual Volume | 630,719,687 |
| Total Volume Discrepancy | 420,318,867 |
Short Trends
| Cover Days | 4 |
| Short Days | 10 |
| No Change Days | 6 |
Averages
| Average Volume Discrepancy | 21,015,943 |
| Average Short Volume | 5,841,649 |
| Average Short Percentage | 48% |
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.
Akoustis Technologies Inc. (NASDAQ: AKTS) Chart
Disclaimer
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