Over the past twenty days of trading, CytomX Therapeutics Inc. (NASDAQ: CTMX), from April 20, 2020 to May 15, 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 CTMX Short Squeeze.
CytomX Therapeutics Inc. (NASDAQ: CTMX) Short Squeeze Analysis
During the last five days of trading, from May 11, 2020 to May 15, 2020 CTMX had a staggering 725,084 shares shorted while trading a total of 6,866,915 shares as show the on CTMX short page.
The last ten days of trading, from May 04, 2020 to May 15, 2020 CTMX had a staggering 1,225,428 shares shorted while trading a total of 10,382,623 shares as show the on CTMX short page.
Over the last twenty days of trading, from April 20, 2020 to May 15, 2020 CTMX had a staggering 1,854,947 shares shorted while trading a total of 15,544,309 shares as show the on CTMX short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 1 days with no change but 3 cover days. Over the last ten trading days there were 2 short days, 3 days with no change but 5 cover days. The last twenty trading days there were 8 short day, 6 days with no change but 6 cover days.
CytomX Therapeutics Inc. (NASDAQ: CTMX) 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 CTMX Short Squeeze.
CytomX Therapeutics Inc. (NASDAQ: CTMX) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,854,947|
|Total Actual Volume||15,544,309|
|Total Volume Discrepancy||10,397,191|
|No Change Days||6|
|Average Volume Discrepancy||519,859|
|Average Short Volume||92,747|
|Average Short Percentage||42%|
The Short Trend Indicator
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