Global Blood Therapeutics Inc. (NASDAQ:GBT) Short Squeeze

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Over the past twenty days of trading, Global Blood Therapeutics Inc. (NASDAQ: GBT), from October 21, 2019 to November 15, 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 GBT Short Squeeze.


Global Blood Therapeutics Inc. (NASDAQ: GBT) Short Squeeze Analysis

During the last five days of trading, from November 11, 2019 to November 15, 2019 GBT had a staggering 518,531 shares shorted while trading a total of 4,138,313 shares as show the on GBT short page.

The last ten days of trading, from November 04, 2019 to November 15, 2019 GBT had a staggering 1,000,078 shares shorted while trading a total of 7,855,764 shares as show the on GBT short page.

Over the last twenty days of trading, from October 21, 2019 to November 15, 2019 GBT had a staggering 1,757,399 shares shorted while trading a total of 13,471,676 shares as show the on GBT short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 5 short days, 5 days with no change but 0 cover days. The last twenty trading days there were 7 short day, 13 days with no change but 0 cover days.


Global Blood Therapeutics Inc. (NASDAQ: GBT) 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 GBT Short Squeeze.


Global Blood Therapeutics Inc. (NASDAQ: GBT) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,757,399
Total Actual Volume13,471,676
Total Volume Discrepancy9,931,181

Short Trends

Cover Days0
Short Days7
No Change Days13

Averages

Average Volume Discrepancy496,559
Average Short Volume87,869
Average Short Percentage49%

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 Global Blood Therapeutics Inc. (NASDAQ: GBT) and doed not buy, sell, or trade any shares of GBT. This article does not provide a professional analysis of a (GBT) financial position. (GBT) financial position and all other information regarding the featured Company should be verified directly with (GBT). Please read our full disclaimer for more detailed information.