Over the past twenty days of trading, Assembly Biosciences Inc. (NASDAQ: ASMB), from September 20, 2019 to October 17, 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 ASMB Short Squeeze.
Assembly Biosciences Inc. (NASDAQ: ASMB) Short Squeeze Analysis
During the last five days of trading, from October 11, 2019 to October 17, 2019 ASMB had a staggering 2,382,364 shares shorted while trading a total of 8,328,850 shares as show the on ASMB short page.
The last ten days of trading, from October 04, 2019 to October 17, 2019 ASMB had a staggering 2,526,150 shares shorted while trading a total of 9,672,742 shares as show the on ASMB short page.
Over the last twenty days of trading, from September 20, 2019 to October 17, 2019 ASMB had a staggering 3,006,424 shares shorted while trading a total of 13,431,993 shares as show the on ASMB short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 5 short days, 5 days with no change but 0 cover days. The last twenty trading days there were 10 short day, 9 days with no change but 1 cover days.
Assembly Biosciences Inc. (NASDAQ: ASMB) 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 ASMB Short Squeeze.
Assembly Biosciences Inc. (NASDAQ: ASMB) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||3,006,424|
|Total Actual Volume||13,431,993|
|Total Volume Discrepancy||7,399,930|
|No Change Days||9|
|Average Volume Discrepancy||369,996|
|Average Short Volume||150,321|
|Average Short Percentage||50%|
The Short Trend Indicator
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