Over the past twenty days of trading, Allogene Therapeutics Inc. (NASDAQ: ALLO), from April 17, 2020 to May 14, 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 ALLO Short Squeeze.
Allogene Therapeutics Inc. (NASDAQ: ALLO) Short Squeeze Analysis
During the last five days of trading, from May 08, 2020 to May 14, 2020 ALLO had a staggering 2,693,100 shares shorted while trading a total of 12,332,646 shares as show the on ALLO short page.
The last ten days of trading, from May 01, 2020 to May 14, 2020 ALLO had a staggering 3,504,849 shares shorted while trading a total of 16,536,387 shares as show the on ALLO short page.
Over the last twenty days of trading, from April 17, 2020 to May 14, 2020 ALLO had a staggering 4,949,898 shares shorted while trading a total of 24,039,337 shares as show the on ALLO 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 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 16 short day, 3 days with no change but 1 cover days.
Allogene Therapeutics Inc. (NASDAQ: ALLO) 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 ALLO Short Squeeze.
Allogene Therapeutics Inc. (NASDAQ: ALLO) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||4,949,898|
|Total Actual Volume||24,039,337|
|Total Volume Discrepancy||15,717,834|
|No Change Days||3|
|Average Volume Discrepancy||785,891|
|Average Short Volume||247,494|
|Average Short Percentage||60%|
The Short Trend Indicator
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