Cytokinetics Incorporated (NASDAQ:CYTK) Short Squeeze

squeeze report news post

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 Volume1,759,289
Total Actual Volume14,149,103
Total Volume Discrepancy10,062,158

Short Trends

Cover Days5
Short Days9
No Change Days6

Averages

Average Volume Discrepancy503,107
Average Short Volume87,964
Average Short Percentage50%

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