Over the past twenty days of trading, CytoSorbents Corporation (NASDAQ: CTSO), 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 CTSO Short Squeeze.
CytoSorbents Corporation (NASDAQ: CTSO) Short Squeeze Analysis
During the last five days of trading, from April 06, 2020 to April 13, 2020 CTSO had a staggering 1,311,008 shares shorted while trading a total of 7,983,529 shares as show the on CTSO short page.
The last ten days of trading, from March 30, 2020 to April 13, 2020 CTSO had a staggering 2,123,165 shares shorted while trading a total of 14,182,024 shares as show the on CTSO short page.
Over the last twenty days of trading, from October 15, 2019 to April 13, 2020 CTSO had a staggering 3,410,556 shares shorted while trading a total of 23,995,193 shares as show the on CTSO short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 3 short days, 6 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.
CytoSorbents Corporation (NASDAQ: CTSO) 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 CTSO Short Squeeze.
CytoSorbents Corporation (NASDAQ: CTSO) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||3,410,556|
|Total Actual Volume||23,995,193|
|Total Volume Discrepancy||17,230,973|
|No Change Days||9|
|Average Volume Discrepancy||861,548|
|Average Short Volume||170,527|
|Average Short Percentage||48%|
The Short Trend Indicator
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