Home Short Squeeze Anika Therapeutics Inc. (NASDAQ:ANIK) Short Squeeze

Anika Therapeutics Inc. (NASDAQ:ANIK) Short Squeeze

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Over the past twenty days of trading, Anika Therapeutics Inc. (NASDAQ: ANIK), from April 24, 2020 to May 21, 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 ANIK Short Squeeze.


Anika Therapeutics Inc. (NASDAQ: ANIK) Short Squeeze Analysis

During the last five days of trading, from May 15, 2020 to May 21, 2020 ANIK had a staggering 156,733 shares shorted while trading a total of 898,314 shares as show the on ANIK short page.

The last ten days of trading, from May 08, 2020 to May 21, 2020 ANIK had a staggering 374,191 shares shorted while trading a total of 2,128,031 shares as show the on ANIK short page.

Over the last twenty days of trading, from April 24, 2020 to May 21, 2020 ANIK had a staggering 616,513 shares shorted while trading a total of 3,652,946 shares as show the on ANIK 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 18 short day, 2 days with no change but 0 cover days.


Anika Therapeutics Inc. (NASDAQ: ANIK) 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 ANIK Short Squeeze.


Anika Therapeutics Inc. (NASDAQ: ANIK) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume616,513
Total Actual Volume3,652,946
Total Volume Discrepancy2,785,652

Short Trends

Cover Days0
Short Days18
No Change Days2

Averages

Average Volume Discrepancy139,282
Average Short Volume30,825
Average Short Percentage67%

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