Over the past twenty days of trading, GenMark Diagnostics Inc. (NASDAQ: GNMK), from April 09, 2020 to May 07, 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 GNMK Short Squeeze.
GenMark Diagnostics Inc. (NASDAQ: GNMK) Short Squeeze Analysis
During the last five days of trading, from May 01, 2020 to May 07, 2020 GNMK had a staggering 2,961,943 shares shorted while trading a total of 28,019,670 shares as show the on GNMK short page.
The last ten days of trading, from April 24, 2020 to May 07, 2020 GNMK had a staggering 7,965,495 shares shorted while trading a total of 54,170,058 shares as show the on GNMK short page.
Over the last twenty days of trading, from April 09, 2020 to May 07, 2020 GNMK had a staggering 12,959,721 shares shorted while trading a total of 87,782,538 shares as show the on GNMK short page.
According to our proprietary algorithm during the last five trading days there were 0 short days, 3 days with no change but 2 cover days. Over the last ten trading days there were 5 short days, 3 days with no change but 2 cover days. The last twenty trading days there were 8 short day, 8 days with no change but 4 cover days.
GenMark Diagnostics Inc. (NASDAQ: GNMK) 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 GNMK Short Squeeze.
GenMark Diagnostics Inc. (NASDAQ: GNMK) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||12,959,721|
|Total Actual Volume||87,782,538|
|Total Volume Discrepancy||58,516,661|
|No Change Days||8|
|Average Volume Discrepancy||2,925,833|
|Average Short Volume||647,986|
|Average Short Percentage||44%|
The Short Trend Indicator
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