Gritstone Oncology Inc. (NASDAQ:GRTS) Short Squeeze 2024-04-03

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Over the past twenty days of trading, Gritstone Oncology Inc. (NASDAQ: GRTS), from March 05, 2024 to April 02, 2024 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 GRTS Short Squeeze.


Gritstone Oncology Inc. (NASDAQ: GRTS) Short Squeeze Analysis

During the last five days of trading, from March 26, 2024 to April 02, 2024 GRTS had a staggering 6,606,924 shares shorted while trading a total of 38,249,038 shares as show the on GRTS short page.

The last ten days of trading, from March 19, 2024 to April 02, 2024 GRTS had a staggering 7,596,422 shares shorted while trading a total of 44,724,529 shares as show the on GRTS short page.

Over the last twenty days of trading, from March 05, 2024 to April 02, 2024 GRTS had a staggering 10,151,384 shares shorted while trading a total of 60,101,862 shares as show the on GRTS 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 3 short days, 7 days with no change but 0 cover days. The last twenty trading days there were 4 short day, 16 days with no change but 0 cover days.


Gritstone Oncology Inc. (NASDAQ: GRTS) 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 GRTS Short Squeeze.


Gritstone Oncology Inc. (NASDAQ: GRTS) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume10,151,384
Total Actual Volume60,101,862
Total Volume Discrepancy39,891,706

Short Trends

Cover Days0
Short Days4
No Change Days16

Averages

Average Volume Discrepancy1,994,585
Average Short Volume507,569
Average Short Percentage46%

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.


Gritstone Oncology Inc. (NASDAQ: GRTS) Chart


Disclaimer

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