Home Featured Stocks Biogen Inc. (NASDAQ:BIIB) Short Squeeze

Biogen Inc. (NASDAQ:BIIB) Short Squeeze

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Over the past twenty days of trading, Biogen Inc. (NASDAQ: BIIB), from March 20, 2020 to April 17, 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 BIIB Short Squeeze.


Biogen Inc. (NASDAQ: BIIB) Short Squeeze Analysis

During the last five days of trading, from April 13, 2020 to April 17, 2020 BIIB had a staggering 696,767 shares shorted while trading a total of 8,403,734 shares as show the on BIIB short page.

The last ten days of trading, from April 03, 2020 to April 17, 2020 BIIB had a staggering 1,459,896 shares shorted while trading a total of 18,865,361 shares as show the on BIIB short page.

Over the last twenty days of trading, from March 20, 2020 to April 17, 2020 BIIB had a staggering 2,868,277 shares shorted while trading a total of 43,727,311 shares as show the on BIIB short page.

According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 6 short day, 10 days with no change but 4 cover days.


Biogen Inc. (NASDAQ: BIIB) 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 BIIB Short Squeeze.


Biogen Inc. (NASDAQ: BIIB) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,868,277
Total Actual Volume43,727,311
Total Volume Discrepancy36,372,564

Short Trends

Cover Days4
Short Days6
No Change Days10

Averages

Average Volume Discrepancy1,818,628
Average Short Volume143,413
Average Short Percentage42%

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

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