Aldeyra Therapeutics Inc. (NASDAQ:ALDX) Short Squeeze

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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 Volume5,253,417
Total Actual Volume26,240,527
Total Volume Discrepancy16,990,872

Short Trends

Cover Days0
Short Days18
No Change Days2

Averages

Average Volume Discrepancy849,543
Average Short Volume262,670
Average Short Percentage58%

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