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 Volume | 10,151,384 |
| Total Actual Volume | 60,101,862 |
| Total Volume Discrepancy | 39,891,706 |
Short Trends
| Cover Days | 0 |
| Short Days | 4 |
| No Change Days | 16 |
Averages
| Average Volume Discrepancy | 1,994,585 |
| Average Short Volume | 507,569 |
| Average Short Percentage | 46% |
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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