Over the past twenty days of trading, Allakos Inc. (NASDAQ: ALLK), from October 18, 2019 to November 14, 2019 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 ALLK Short Squeeze.
Allakos Inc. (NASDAQ: ALLK) Short Squeeze Analysis
During the last five days of trading, from November 08, 2019 to November 14, 2019 ALLK had a staggering 264,773 shares shorted while trading a total of 1,140,195 shares as show the on ALLK short page.
The last ten days of trading, from November 01, 2019 to November 14, 2019 ALLK had a staggering 530,618 shares shorted while trading a total of 2,247,731 shares as show the on ALLK short page.
Over the last twenty days of trading, from October 18, 2019 to November 14, 2019 ALLK had a staggering 1,207,501 shares shorted while trading a total of 4,937,894 shares as show the on ALLK short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 10 short days, 0 days with no change but 0 cover days. The last twenty trading days there were 19 short day, 0 days with no change but 1 cover days.
Allakos Inc. (NASDAQ: ALLK) 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 ALLK Short Squeeze.
Allakos Inc. (NASDAQ: ALLK) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,207,501|
|Total Actual Volume||4,937,894|
|Total Volume Discrepancy||3,461,876|
|No Change Days||0|
|Average Volume Discrepancy||173,093|
|Average Short Volume||60,375|
|Average Short Percentage||78%|
The Short Trend Indicator
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