argenx SE (NASDAQ:ARGX) Short Squeeze 2023-11-29

Over the past twenty days of trading, argenx SE (NASDAQ: ARGX), from October 31, 2023 to November 28, 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 ARGX Short Squeeze.


argenx SE (NASDAQ: ARGX) Short Squeeze Analysis

During the last five days of trading, from November 21, 2023 to November 28, 2023 ARGX had a staggering 324,430 shares shorted while trading a total of 1,811,493 shares as show the on ARGX short page.

The last ten days of trading, from November 14, 2023 to November 28, 2023 ARGX had a staggering 462,405 shares shorted while trading a total of 2,755,274 shares as show the on ARGX short page.

Over the last twenty days of trading, from October 31, 2023 to November 28, 2023 ARGX had a staggering 857,456 shares shorted while trading a total of 5,190,524 shares as show the on ARGX short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 8 days with no change but 3 cover days.


argenx SE (NASDAQ: ARGX) 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 ARGX Short Squeeze.


argenx SE (NASDAQ: ARGX) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume857,456
Total Actual Volume5,190,524
Total Volume Discrepancy3,383,719

Short Trends

Cover Days3
Short Days9
No Change Days8

Averages

Average Volume Discrepancy169,185
Average Short Volume42,872
Average Short Percentage49%

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.


argenx SE (NASDAQ: ARGX) Chart


Disclaimer

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