Over the past twenty days of trading, argenx SE (NASDAQ: ARGX), from October 14, 2019 to November 08, 2019 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 04, 2019 to November 08, 2019 ARGX had a staggering 200,307 shares shorted while trading a total of 1,413,089 shares as show the on ARGX short page.
The last ten days of trading, from October 28, 2019 to November 08, 2019 ARGX had a staggering 281,906 shares shorted while trading a total of 1,984,668 shares as show the on ARGX short page.
Over the last twenty days of trading, from October 14, 2019 to November 08, 2019 ARGX had a staggering 665,387 shares shorted while trading a total of 3,902,955 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 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.
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 Volume||665,387|
|Total Actual Volume||3,902,955|
|Total Volume Discrepancy||2,730,325|
|No Change Days||4|
|Average Volume Discrepancy||136,516|
|Average Short Volume||33,269|
|Average Short Percentage||62%|
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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