Immuron Limited (NASDAQ:IMRN) Short Squeeze

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squeeze report news post

Over the past twenty days of trading, Immuron Limited (NASDAQ: IMRN), from May 04, 2020 to June 09, 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 IMRN Short Squeeze.


Immuron Limited (NASDAQ: IMRN) Short Squeeze Analysis

During the last five days of trading, from June 03, 2020 to June 09, 2020 IMRN had a staggering 11,232,900 shares shorted while trading a total of 75,278,138 shares as show the on IMRN short page.

The last ten days of trading, from May 26, 2020 to June 09, 2020 IMRN had a staggering 11,239,843 shares shorted while trading a total of 75,309,047 shares as show the on IMRN short page.

Over the last twenty days of trading, from May 04, 2020 to June 09, 2020 IMRN had a staggering 11,255,167 shares shorted while trading a total of 75,375,878 shares as show the on IMRN short page.

According to our proprietary algorithm during the last five trading days there were 4 short days, 0 days with no change but 1 cover days. Over the last ten trading days there were 6 short days, 2 days with no change but 2 cover days. The last twenty trading days there were 11 short day, 2 days with no change but 7 cover days.


Immuron Limited (NASDAQ: IMRN) 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 IMRN Short Squeeze.


Immuron Limited (NASDAQ: IMRN) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume11,255,167
Total Actual Volume75,375,878
Total Volume Discrepancy56,148,514

Short Trends

Cover Days7
Short Days11
No Change Days2

Averages

Average Volume Discrepancy2,807,425
Average Short Volume562,758
Average Short Percentage44%

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