Bionomics Limited (NASDAQ:BNOX) Short Squeeze 2023-08-30

Over the past twenty days of trading, Bionomics Limited (NASDAQ: BNOX), from August 02, 2023 to August 29, 2023 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 BNOX Short Squeeze.


Bionomics Limited (NASDAQ: BNOX) Short Squeeze Analysis

During the last five days of trading, from August 23, 2023 to August 29, 2023 BNOX had a staggering 1,907,071 shares shorted while trading a total of 8,324,477 shares as show the on BNOX short page.

The last ten days of trading, from August 16, 2023 to August 29, 2023 BNOX had a staggering 1,923,168 shares shorted while trading a total of 8,466,273 shares as show the on BNOX short page.

Over the last twenty days of trading, from August 02, 2023 to August 29, 2023 BNOX had a staggering 2,290,413 shares shorted while trading a total of 10,124,607 shares as show the on BNOX 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 7 short days, 2 days with no change but 1 cover days. The last twenty trading days there were 10 short day, 6 days with no change but 4 cover days.


Bionomics Limited (NASDAQ: BNOX) 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 BNOX Short Squeeze.


Bionomics Limited (NASDAQ: BNOX) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,290,413
Total Actual Volume10,124,607
Total Volume Discrepancy5,961,215

Short Trends

Cover Days4
Short Days10
No Change Days6

Averages

Average Volume Discrepancy298,060
Average Short Volume114,520
Average Short Percentage45%

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.


Bionomics Limited (NASDAQ: BNOX) Chart


Disclaimer

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