Alkermes plc (NASDAQ:ALKS) Short Squeeze

squeeze report news post

Over the past twenty days of trading, Alkermes plc (NASDAQ: ALKS), from December 02, 2019 to April 09, 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 ALKS Short Squeeze.


Alkermes plc (NASDAQ: ALKS) Short Squeeze Analysis

During the last five days of trading, from April 03, 2020 to April 09, 2020 ALKS had a staggering 678,681 shares shorted while trading a total of 7,822,505 shares as show the on ALKS short page.

The last ten days of trading, from March 27, 2020 to April 09, 2020 ALKS had a staggering 1,261,780 shares shorted while trading a total of 18,021,868 shares as show the on ALKS short page.

Over the last twenty days of trading, from December 02, 2019 to April 09, 2020 ALKS had a staggering 2,173,554 shares shorted while trading a total of 34,213,974 shares as show the on ALKS 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 7 short days, 2 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 4 days with no change but 7 cover days.


Alkermes plc (NASDAQ: ALKS) 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 ALKS Short Squeeze.


Alkermes plc (NASDAQ: ALKS) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,173,554
Total Actual Volume34,213,974
Total Volume Discrepancy29,132,940

Short Trends

Cover Days7
Short Days9
No Change Days4

Averages

Average Volume Discrepancy1,456,647
Average Short Volume108,677
Average Short Percentage44%

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