Over the past twenty days of trading, Chimerix Inc. (NASDAQ: CMRX), from April 21, 2020 to May 18, 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 CMRX Short Squeeze.
Chimerix Inc. (NASDAQ: CMRX) Short Squeeze Analysis
During the last five days of trading, from May 12, 2020 to May 18, 2020 CMRX had a staggering 1,301,086 shares shorted while trading a total of 8,583,886 shares as show the on CMRX short page.
The last ten days of trading, from May 05, 2020 to May 18, 2020 CMRX had a staggering 2,399,409 shares shorted while trading a total of 15,087,584 shares as show the on CMRX short page.
Over the last twenty days of trading, from April 21, 2020 to May 18, 2020 CMRX had a staggering 8,623,641 shares shorted while trading a total of 47,285,246 shares as show the on CMRX short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 4 days with no change but 0 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 9 short day, 9 days with no change but 2 cover days.
Chimerix Inc. (NASDAQ: CMRX) 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 CMRX Short Squeeze.
Chimerix Inc. (NASDAQ: CMRX) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||8,623,641|
|Total Actual Volume||47,285,246|
|Total Volume Discrepancy||31,705,426|
|No Change Days||9|
|Average Volume Discrepancy||1,585,271|
|Average Short Volume||431,182|
|Average Short Percentage||48%|
The Short Trend Indicator
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