Over the past twenty days of trading, Cytokinetics Incorporated (NASDAQ: CYTK), from October 15, 2019 to April 13, 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 CYTK Short Squeeze.
Cytokinetics Incorporated (NASDAQ: CYTK) Short Squeeze Analysis
During the last five days of trading, from April 06, 2020 to April 13, 2020 CYTK had a staggering 460,951 shares shorted while trading a total of 3,740,645 shares as show the on CYTK short page.
The last ten days of trading, from March 30, 2020 to April 13, 2020 CYTK had a staggering 1,317,475 shares shorted while trading a total of 7,912,620 shares as show the on CYTK short page.
Over the last twenty days of trading, from October 15, 2019 to April 13, 2020 CYTK had a staggering 1,759,289 shares shorted while trading a total of 14,149,103 shares as show the on CYTK short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 0 days with no change but 2 cover days. Over the last ten trading days there were 6 short days, 1 days with no change but 3 cover days. The last twenty trading days there were 9 short day, 6 days with no change but 5 cover days.
Cytokinetics Incorporated (NASDAQ: CYTK) 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 CYTK Short Squeeze.
Cytokinetics Incorporated (NASDAQ: CYTK) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,759,289|
|Total Actual Volume||14,149,103|
|Total Volume Discrepancy||10,062,158|
|No Change Days||6|
|Average Volume Discrepancy||503,107|
|Average Short Volume||87,964|
|Average Short Percentage||50%|
The Short Trend Indicator
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