CytomX Therapeutics Inc. (NASDAQ:CTMX) Short Squeeze

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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 Volume1,854,947
Total Actual Volume15,544,309
Total Volume Discrepancy10,397,191

Short Trends

Cover Days6
Short Days8
No Change Days6

Averages

Average Volume Discrepancy519,859
Average Short Volume92,747
Average Short Percentage42%

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