Fulgent Genetics Inc. (NASDAQ:FLGT) Short Squeeze

squeeze report news post

Over the past twenty days of trading, Fulgent Genetics Inc. (NASDAQ: FLGT), from April 07, 2020 to May 05, 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 FLGT Short Squeeze.


Fulgent Genetics Inc. (NASDAQ: FLGT) Short Squeeze Analysis

During the last five days of trading, from April 29, 2020 to May 05, 2020 FLGT had a staggering 750,858 shares shorted while trading a total of 3,984,448 shares as show the on FLGT short page.

The last ten days of trading, from April 22, 2020 to May 05, 2020 FLGT had a staggering 936,503 shares shorted while trading a total of 5,260,235 shares as show the on FLGT short page.

Over the last twenty days of trading, from April 07, 2020 to May 05, 2020 FLGT had a staggering 1,609,828 shares shorted while trading a total of 8,342,728 shares as show the on FLGT 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 6 short days, 4 days with no change but 0 cover days. The last twenty trading days there were 14 short day, 6 days with no change but 0 cover days.


Fulgent Genetics Inc. (NASDAQ: FLGT) 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 FLGT Short Squeeze.


Fulgent Genetics Inc. (NASDAQ: FLGT) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,609,828
Total Actual Volume8,342,728
Total Volume Discrepancy5,520,401

Short Trends

Cover Days0
Short Days14
No Change Days6

Averages

Average Volume Discrepancy276,020
Average Short Volume80,491
Average Short Percentage56%

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.


Disclaimer

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of Fulgent Genetics Inc. (NASDAQ: FLGT) and doed not buy, sell, or trade any shares of FLGT. This article does not provide a professional analysis of a (FLGT) financial position. (FLGT) financial position and all other information regarding the featured Company should be verified directly with (FLGT). Please read our full disclaimer for more detailed information.