Allakos Inc. (NASDAQ:ALLK) Short Squeeze

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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 Volume1,207,501
Total Actual Volume4,937,894
Total Volume Discrepancy3,461,876

Short Trends

Cover Days1
Short Days19
No Change Days0

Averages

Average Volume Discrepancy173,093
Average Short Volume60,375
Average Short Percentage78%

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