Over the past twenty days of trading, ARK Innovation (NYSE: ARKK), from May 16, 2023 to June 13, 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 ARKK Short Squeeze.
ARK Innovation (NYSE: ARKK) Short Squeeze Analysis
During the last five days of trading, from June 07, 2023 to June 13, 2023 ARKK had a staggering 1,159,300 shares shorted while trading a total of 82,630,738 shares as show the on ARKK short page.
The last ten days of trading, from May 31, 2023 to June 13, 2023 ARKK had a staggering 2,608,200 shares shorted while trading a total of 160,247,488 shares as show the on ARKK short page.
Over the last twenty days of trading, from May 16, 2023 to June 13, 2023 ARKK had a staggering 6,634,308 shares shorted while trading a total of 337,581,593 shares as show the on ARKK short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 6 short days, 3 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 9 days with no change but 2 cover days.
ARK Innovation (NYSE: ARKK) 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 ARKK Short Squeeze.
ARK Innovation (NYSE: ARKK) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume
|Total Actual Volume
|Total Volume Discrepancy
|No Change Days
|Average Volume Discrepancy
|Average Short Volume
|Average Short Percentage
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.
ARK Innovation (NYSE: ARKK) Chart
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