Over the past twenty days of trading, Aldeyra Therapeutics Inc. (NASDAQ: ALDX), from May 04, 2020 to June 01, 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 ALDX Short Squeeze.
Aldeyra Therapeutics Inc. (NASDAQ: ALDX) Short Squeeze Analysis
During the last five days of trading, from May 26, 2020 to June 01, 2020 ALDX had a staggering 1,629,118 shares shorted while trading a total of 7,924,256 shares as show the on ALDX short page.
The last ten days of trading, from May 18, 2020 to June 01, 2020 ALDX had a staggering 3,778,570 shares shorted while trading a total of 19,054,881 shares as show the on ALDX short page.
Over the last twenty days of trading, from May 04, 2020 to June 01, 2020 ALDX had a staggering 5,253,417 shares shorted while trading a total of 26,240,527 shares as show the on ALDX short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 18 short day, 2 days with no change but 0 cover days.
Aldeyra Therapeutics Inc. (NASDAQ: ALDX) 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 ALDX Short Squeeze.
Aldeyra Therapeutics Inc. (NASDAQ: ALDX) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||5,253,417|
|Total Actual Volume||26,240,527|
|Total Volume Discrepancy||16,990,872|
|No Change Days||2|
|Average Volume Discrepancy||849,543|
|Average Short Volume||262,670|
|Average Short Percentage||58%|
The Short Trend Indicator
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