Over the past twenty days of trading, Bionano Genomics Inc. (NASDAQ: BNGO), from October 15, 2019 to November 11, 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 BNGO Short Squeeze.
Bionano Genomics Inc. (NASDAQ: BNGO) Short Squeeze Analysis
During the last five days of trading, from November 05, 2019 to November 11, 2019 BNGO had a staggering 10,147,917 shares shorted while trading a total of 70,201,387 shares as show the on BNGO short page.
The last ten days of trading, from October 29, 2019 to November 11, 2019 BNGO had a staggering 12,960,520 shares shorted while trading a total of 89,301,904 shares as show the on BNGO short page.
Over the last twenty days of trading, from October 15, 2019 to November 11, 2019 BNGO had a staggering 42,728,036 shares shorted while trading a total of 270,128,365 shares as show the on BNGO short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 17 short day, 2 days with no change but 1 cover days.
Bionano Genomics Inc. (NASDAQ: BNGO) 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 BNGO Short Squeeze.
Bionano Genomics Inc. (NASDAQ: BNGO) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||42,728,036|
|Total Actual Volume||270,128,365|
|Total Volume Discrepancy||194,839,913|
|No Change Days||2|
|Average Volume Discrepancy||9,741,995|
|Average Short Volume||2,136,401|
|Average Short Percentage||54%|
The Short Trend Indicator
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