Over the past twenty days of trading, Athersys Inc. (NASDAQ: ATHX), from October 07, 2019 to April 02, 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 ATHX Short Squeeze.
Athersys Inc. (NASDAQ: ATHX) Short Squeeze Analysis
During the last five days of trading, from March 27, 2020 to April 02, 2020 ATHX had a staggering 12,609,890 shares shorted while trading a total of 68,367,501 shares as show the on ATHX short page.
The last ten days of trading, from March 20, 2020 to April 02, 2020 ATHX had a staggering 16,374,342 shares shorted while trading a total of 89,585,435 shares as show the on ATHX short page.
Over the last twenty days of trading, from October 07, 2019 to April 02, 2020 ATHX had a staggering 17,924,889 shares shorted while trading a total of 97,968,561 shares as show the on ATHX 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, 5 days with no change but 0 cover days. The last twenty trading days there were 9 short day, 9 days with no change but 2 cover days.
Athersys Inc. (NASDAQ: ATHX) 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 ATHX Short Squeeze.
Athersys Inc. (NASDAQ: ATHX) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||17,924,889|
|Total Actual Volume||97,968,561|
|Total Volume Discrepancy||64,573,479|
|No Change Days||9|
|Average Volume Discrepancy||3,228,673|
|Average Short Volume||896,244|
|Average Short Percentage||48%|
The Short Trend Indicator
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