Aurora Cannabis Inc. (NYSE:ACB) Short Squeeze

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Over the past twenty days of trading, Aurora Cannabis Inc. (NYSE: ACB), from October 02, 2019 to October 29, 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 ACB Short Squeeze.


Aurora Cannabis Inc. (NYSE: ACB) Short Squeeze Analysis

During the last five days of trading, from October 23, 2019 to October 29, 2019 ACB had a staggering 6,131,138 shares shorted while trading a total of 58,973,284 shares as show the on ACB short page.

The last ten days of trading, from October 16, 2019 to October 29, 2019 ACB had a staggering 15,320,387 shares shorted while trading a total of 138,016,239 shares as show the on ACB short page.

Over the last twenty days of trading, from October 02, 2019 to October 29, 2019 ACB had a staggering 34,639,735 shares shorted while trading a total of 338,669,999 shares as show the on ACB 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 13 short day, 7 days with no change but 0 cover days.


Aurora Cannabis Inc. (NYSE: ACB) 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 ACB Short Squeeze.


Aurora Cannabis Inc. (NYSE: ACB) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume34,639,735
Total Actual Volume338,669,999
Total Volume Discrepancy273,490,165

Short Trends

Cover Days0
Short Days13
No Change Days7

Averages

Average Volume Discrepancy13,674,508
Average Short Volume1,731,986
Average Short Percentage53%

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 Aurora Cannabis Inc. (NYSE: ACB) and doed not buy, sell, or trade any shares of ACB. This article does not provide a professional analysis of a (ACB) financial position. (ACB) financial position and all other information regarding the featured Company should be verified directly with (ACB). Please read our full disclaimer for more detailed information.