Over the past twenty days of trading, Cara Therapeutics Inc. (NASDAQ: CARA), from April 17, 2020 to May 14, 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 CARA Short Squeeze.
Cara Therapeutics Inc. (NASDAQ: CARA) Short Squeeze Analysis
During the last five days of trading, from May 08, 2020 to May 14, 2020 CARA had a staggering 379,467 shares shorted while trading a total of 4,180,909 shares as show the on CARA short page.
The last ten days of trading, from May 01, 2020 to May 14, 2020 CARA had a staggering 566,992 shares shorted while trading a total of 6,318,035 shares as show the on CARA short page.
Over the last twenty days of trading, from April 17, 2020 to May 14, 2020 CARA had a staggering 1,378,797 shares shorted while trading a total of 12,508,555 shares as show the on CARA short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 5 short days, 3 days with no change but 2 cover days. The last twenty trading days there were 9 short day, 8 days with no change but 3 cover days.
Cara Therapeutics Inc. (NASDAQ: CARA) 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 CARA Short Squeeze.
Cara Therapeutics Inc. (NASDAQ: CARA) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,378,797|
|Total Actual Volume||12,508,555|
|Total Volume Discrepancy||9,637,922|
|No Change Days||8|
|Average Volume Discrepancy||481,896|
|Average Short Volume||68,939|
|Average Short Percentage||47%|
The Short Trend Indicator
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