Bristol-Myers Squibb Company (NYSE:BMY) Short Squeeze

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Over the past twenty days of trading, Bristol-Myers Squibb Company (NYSE: BMY), from September 16, 2019 to October 15, 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 BMY Short Squeeze.


Bristol-Myers Squibb Company (NYSE: BMY) Short Squeeze Analysis

During the last five days of trading, from October 08, 2019 to October 15, 2019 BMY had a staggering 841,888 shares shorted while trading a total of 44,652,244 shares as show the on BMY short page.

The last ten days of trading, from October 01, 2019 to October 15, 2019 BMY had a staggering 1,625,528 shares shorted while trading a total of 95,859,800 shares as show the on BMY short page.

Over the last twenty days of trading, from September 16, 2019 to October 15, 2019 BMY had a staggering 3,768,256 shares shorted while trading a total of 195,579,609 shares as show the on BMY 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 7 short days, 2 days with no change but 1 cover days. The last twenty trading days there were 15 short day, 4 days with no change but 1 cover days.


Bristol-Myers Squibb Company (NYSE: BMY) 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 BMY Short Squeeze.


Bristol-Myers Squibb Company (NYSE: BMY) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume3,768,256
Total Actual Volume195,579,609
Total Volume Discrepancy188,753,439

Short Trends

Cover Days1
Short Days15
No Change Days4

Averages

Average Volume Discrepancy9,437,671
Average Short Volume188,412
Average Short Percentage56%

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