Over the past twenty days of trading, Cassava Sciences Inc. (NYSE: SAVA), from November 25, 2019 to December 23, 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 SAVA Short Squeeze.
Cassava Sciences Inc. (NYSE: SAVA) Short Squeeze Analysis
During the last five days of trading, from December 17, 2019 to December 23, 2019 SAVA had a staggering 5,889,262 shares shorted while trading a total of 38,803,257 shares as show the on SAVA short page.
The last ten days of trading, from December 10, 2019 to December 23, 2019 SAVA had a staggering 6,784,061 shares shorted while trading a total of 45,090,454 shares as show the on SAVA short page.
Over the last twenty days of trading, from November 25, 2019 to December 23, 2019 SAVA had a staggering 12,102,050 shares shorted while trading a total of 87,810,412 shares as show the on SAVA short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 4 short days, 5 days with no change but 1 cover days. The last twenty trading days there were 11 short day, 8 days with no change but 1 cover days.
Cassava Sciences Inc. (NYSE: SAVA) 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 SAVA Short Squeeze.
Cassava Sciences Inc. (NYSE: SAVA) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||12,102,050|
|Total Actual Volume||87,810,412|
|Total Volume Discrepancy||65,239,552|
|No Change Days||8|
|Average Volume Discrepancy||3,261,977|
|Average Short Volume||605,102|
|Average Short Percentage||51%|
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.
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 Cassava Sciences Inc. (NYSE: SAVA) and doed not buy, sell, or trade any shares of SAVA. This article does not provide a professional analysis of a (SAVA) financial position. (SAVA) financial position and all other information regarding the featured Company should be verified directly with (SAVA). Please read our full disclaimer for more detailed information.