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 Volume||11,255,167|
|Total Actual Volume||75,375,878|
|Total Volume Discrepancy||56,148,514|
|No Change Days||2|
|Average Volume Discrepancy||2,807,425|
|Average Short Volume||562,758|
|Average Short Percentage||44%|
The Short Trend Indicator
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