Altamira Therapeutics Ltd. (NASDAQ:CYTO) Short Squeeze 2023-11-24

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Over the past twenty days of trading, Altamira Therapeutics Ltd. (NASDAQ: CYTO), from October 26, 2023 to November 22, 2023 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 CYTO Short Squeeze.


Altamira Therapeutics Ltd. (NASDAQ: CYTO) Short Squeeze Analysis

During the last five days of trading, from November 16, 2023 to November 22, 2023 CYTO had a staggering 139,941,513 shares shorted while trading a total of 502,722,188 shares as show the on CYTO short page.

The last ten days of trading, from November 09, 2023 to November 22, 2023 CYTO had a staggering 143,401,504 shares shorted while trading a total of 523,100,425 shares as show the on CYTO short page.

Over the last twenty days of trading, from October 26, 2023 to November 22, 2023 CYTO had a staggering 146,701,835 shares shorted while trading a total of 547,149,286 shares as show the on CYTO 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 13 short day, 5 days with no change but 2 cover days.


Altamira Therapeutics Ltd. (NASDAQ: CYTO) 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 CYTO Short Squeeze.


Altamira Therapeutics Ltd. (NASDAQ: CYTO) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume146,701,835
Total Actual Volume547,149,286
Total Volume Discrepancy277,390,956

Short Trends

Cover Days2
Short Days13
No Change Days5

Averages

Average Volume Discrepancy13,869,547
Average Short Volume7,335,091
Average Short Percentage51%

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.


Altamira Therapeutics Ltd. (NASDAQ: CYTO) Chart


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