Over the past twenty days of trading, Foamix Pharmaceuticals Ltd. (NASDAQ: FOMX), from October 07, 2019 to November 01, 2019 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 FOMX Short Squeeze.
Foamix Pharmaceuticals Ltd. (NASDAQ: FOMX) Short Squeeze Analysis
During the last five days of trading, from October 28, 2019 to November 01, 2019 FOMX had a staggering 1,210,753 shares shorted while trading a total of 9,291,997 shares as show the on FOMX short page.
The last ten days of trading, from October 21, 2019 to November 01, 2019 FOMX had a staggering 3,302,545 shares shorted while trading a total of 22,692,659 shares as show the on FOMX short page.
Over the last twenty days of trading, from October 07, 2019 to November 01, 2019 FOMX had a staggering 6,729,715 shares shorted while trading a total of 40,029,422 shares as show the on FOMX short page.
According to our proprietary algorithm during the last five trading days there were 0 short days, 4 days with no change but 1 cover days. Over the last ten trading days there were 2 short days, 7 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.
Foamix Pharmaceuticals Ltd. (NASDAQ: FOMX) 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 FOMX Short Squeeze.
Foamix Pharmaceuticals Ltd. (NASDAQ: FOMX) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||6,729,715|
|Total Actual Volume||40,029,422|
|Total Volume Discrepancy||26,149,448|
|No Change Days||9|
|Average Volume Discrepancy||1,307,472|
|Average Short Volume||336,485|
|Average Short Percentage||49%|
The Short Trend Indicator
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