Chimerix Inc. (NASDAQ:CMRX) Short Squeeze

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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 Volume8,623,641
Total Actual Volume47,285,246
Total Volume Discrepancy31,705,426

Short Trends

Cover Days2
Short Days9
No Change Days9

Averages

Average Volume Discrepancy1,585,271
Average Short Volume431,182
Average Short Percentage48%

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