Over the past twenty days of trading, Canopus Biopharma Inc (OTCMKTS: CBIA), from August 17, 2023 to September 18, 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 CBIA Short Squeeze.
Canopus Biopharma Inc (OTCMKTS: CBIA) Short Squeeze Analysis
During the last five days of trading, from September 12, 2023 to September 18, 2023 CBIA had a staggering 108,146,690 shares shorted while trading a total of 257,805,096 shares as show the on CBIA short page.
The last ten days of trading, from September 05, 2023 to September 18, 2023 CBIA had a staggering 182,067,396 shares shorted while trading a total of 456,178,246 shares as show the on CBIA short page.
Over the last twenty days of trading, from August 17, 2023 to September 18, 2023 CBIA had a staggering 207,312,634 shares shorted while trading a total of 506,704,003 shares as show the on CBIA short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 3 days with no change but 1 cover days. Over the last ten trading days there were 2 short days, 5 days with no change but 3 cover days. The last twenty trading days there were 7 short day, 8 days with no change but 5 cover days.
Canopus Biopharma Inc (OTCMKTS: CBIA) 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 CBIA Short Squeeze.
Canopus Biopharma Inc (OTCMKTS: CBIA) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 207,312,634 |
| Total Actual Volume | 506,704,003 |
| Total Volume Discrepancy | 178,150 |
Short Trends
| Cover Days | 5 |
| Short Days | 7 |
| No Change Days | 8 |
Averages
| Average Volume Discrepancy | 8,907 |
| Average Short Volume | 10,365,631 |
| Average Short Percentage | 47% |
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.
Canopus Biopharma Inc (OTCMKTS: CBIA) Chart
Disclaimer
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