Over the past twenty days of trading, Evolus Inc. (NASDAQ: EOLS), from April 27, 2020 to May 22, 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 EOLS Short Squeeze.
Evolus Inc. (NASDAQ: EOLS) Short Squeeze Analysis
During the last five days of trading, from May 18, 2020 to May 22, 2020 EOLS had a staggering 3,785,495 shares shorted while trading a total of 15,389,967 shares as show the on EOLS short page.
The last ten days of trading, from May 11, 2020 to May 22, 2020 EOLS had a staggering 4,345,882 shares shorted while trading a total of 18,384,356 shares as show the on EOLS short page.
Over the last twenty days of trading, from April 27, 2020 to May 22, 2020 EOLS had a staggering 5,129,480 shares shorted while trading a total of 22,922,130 shares as show the on EOLS 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 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.
Evolus Inc. (NASDAQ: EOLS) 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 EOLS Short Squeeze.
Evolus Inc. (NASDAQ: EOLS) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||5,129,480|
|Total Actual Volume||22,922,130|
|Total Volume Discrepancy||14,338,530|
|No Change Days||6|
|Average Volume Discrepancy||716,926|
|Average Short Volume||256,474|
|Average Short Percentage||55%|
The Short Trend Indicator
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