Athersys Inc. (NASDAQ:ATHX) Short Squeeze

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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 Volume17,924,889
Total Actual Volume97,968,561
Total Volume Discrepancy64,573,479

Short Trends

Cover Days2
Short Days9
No Change Days9

Averages

Average Volume Discrepancy3,228,673
Average Short Volume896,244
Average Short Percentage48%

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.


Disclaimer

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of Athersys Inc. (NASDAQ: ATHX) and doed not buy, sell, or trade any shares of ATHX. This article does not provide a professional analysis of a (ATHX) financial position. (ATHX) financial position and all other information regarding the featured Company should be verified directly with (ATHX). Please read our full disclaimer for more detailed information.