Over the past twenty days of trading, Evofem Biosciences Inc. (NASDAQ: EVFM), from April 28, 2020 to May 26, 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 EVFM Short Squeeze.
Evofem Biosciences Inc. (NASDAQ: EVFM) Short Squeeze Analysis
During the last five days of trading, from May 19, 2020 to May 26, 2020 EVFM had a staggering 3,965,167 shares shorted while trading a total of 25,282,735 shares as show the on EVFM short page.
The last ten days of trading, from May 12, 2020 to May 26, 2020 EVFM had a staggering 4,504,176 shares shorted while trading a total of 28,570,114 shares as show the on EVFM short page.
Over the last twenty days of trading, from April 28, 2020 to May 26, 2020 EVFM had a staggering 5,084,159 shares shorted while trading a total of 31,419,706 shares as show the on EVFM short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 13 short day, 6 days with no change but 1 cover days.
Evofem Biosciences Inc. (NASDAQ: EVFM) 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 EVFM Short Squeeze.
Evofem Biosciences Inc. (NASDAQ: EVFM) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||5,084,159|
|Total Actual Volume||31,419,706|
|Total Volume Discrepancy||22,672,427|
|No Change Days||6|
|Average Volume Discrepancy||1,133,621|
|Average Short Volume||254,207|
|Average Short Percentage||54%|
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.
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