Over the past twenty days of trading, Altimmune Inc. (NASDAQ: ALT), 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 ALT Short Squeeze.
Altimmune Inc. (NASDAQ: ALT) Short Squeeze Analysis
During the last five days of trading, from May 08, 2020 to May 14, 2020 ALT had a staggering 6,524,495 shares shorted while trading a total of 30,604,357 shares as show the on ALT short page.
The last ten days of trading, from May 01, 2020 to May 14, 2020 ALT had a staggering 6,926,034 shares shorted while trading a total of 32,813,736 shares as show the on ALT short page.
Over the last twenty days of trading, from April 17, 2020 to May 14, 2020 ALT had a staggering 8,015,304 shares shorted while trading a total of 37,433,466 shares as show the on ALT 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, 3 days with no change but 0 cover days. The last twenty trading days there were 16 short day, 4 days with no change but 0 cover days.
Altimmune Inc. (NASDAQ: ALT) 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 ALT Short Squeeze.
Altimmune Inc. (NASDAQ: ALT) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||8,015,304|
|Total Actual Volume||37,433,466|
|Total Volume Discrepancy||24,125,543|
|No Change Days||4|
|Average Volume Discrepancy||1,206,277|
|Average Short Volume||400,765|
|Average Short Percentage||56%|
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.
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