Intercept Pharmaceuticals Inc. (NASDAQ:ICPT) Short Squeeze

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Over the past twenty days of trading, Intercept Pharmaceuticals Inc. (NASDAQ: ICPT), from November 14, 2019 to December 12, 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 ICPT Short Squeeze.


Intercept Pharmaceuticals Inc. (NASDAQ: ICPT) Short Squeeze Analysis

During the last five days of trading, from December 06, 2019 to December 12, 2019 ICPT had a staggering 800,811 shares shorted while trading a total of 5,329,277 shares as show the on ICPT short page.

The last ten days of trading, from November 29, 2019 to December 12, 2019 ICPT had a staggering 1,572,493 shares shorted while trading a total of 9,621,365 shares as show the on ICPT short page.

Over the last twenty days of trading, from November 14, 2019 to December 12, 2019 ICPT had a staggering 2,540,921 shares shorted while trading a total of 16,783,426 shares as show the on ICPT short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 8 short days, 2 days with no change but 0 cover days. The last twenty trading days there were 11 short day, 8 days with no change but 1 cover days.


Intercept Pharmaceuticals Inc. (NASDAQ: ICPT) 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 ICPT Short Squeeze.


Intercept Pharmaceuticals Inc. (NASDAQ: ICPT) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,540,921
Total Actual Volume16,783,426
Total Volume Discrepancy11,960,735

Short Trends

Cover Days1
Short Days11
No Change Days8

Averages

Average Volume Discrepancy598,036
Average Short Volume127,046
Average Short Percentage51%

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