Over the past twenty days of trading, Denali Therapeutics Inc. (NASDAQ: DNLI), from December 16, 2019 to January 14, 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 DNLI Short Squeeze.
Denali Therapeutics Inc. (NASDAQ: DNLI) Short Squeeze Analysis
During the last five days of trading, from January 08, 2020 to January 14, 2020 DNLI had a staggering 557,052 shares shorted while trading a total of 3,919,223 shares as show the on DNLI short page.
The last ten days of trading, from December 31, 2019 to January 14, 2020 DNLI had a staggering 862,497 shares shorted while trading a total of 5,576,511 shares as show the on DNLI short page.
Over the last twenty days of trading, from December 16, 2019 to January 14, 2020 DNLI had a staggering 1,087,656 shares shorted while trading a total of 8,742,861 shares as show the on DNLI short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 9 short days, 1 days with no change but 0 cover days. The last twenty trading days there were 14 short day, 4 days with no change but 2 cover days.
Denali Therapeutics Inc. (NASDAQ: DNLI) 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 DNLI Short Squeeze.
Denali Therapeutics Inc. (NASDAQ: DNLI) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,087,656|
|Total Actual Volume||8,742,861|
|Total Volume Discrepancy||6,859,060|
|No Change Days||4|
|Average Volume Discrepancy||342,953|
|Average Short Volume||54,382|
|Average Short Percentage||57%|
The Short Trend Indicator
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