Intra-Cellular Therapies Inc. (NASDAQ:ITCI) Short Squeeze

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Over the past twenty days of trading, Intra-Cellular Therapies Inc. (NASDAQ: ITCI), from October 02, 2019 to October 29, 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 ITCI Short Squeeze.


Intra-Cellular Therapies Inc. (NASDAQ: ITCI) Short Squeeze Analysis

During the last five days of trading, from October 23, 2019 to October 29, 2019 ITCI had a staggering 329,461 shares shorted while trading a total of 2,626,178 shares as show the on ITCI short page.

The last ten days of trading, from October 16, 2019 to October 29, 2019 ITCI had a staggering 703,757 shares shorted while trading a total of 5,733,456 shares as show the on ITCI short page.

Over the last twenty days of trading, from October 02, 2019 to October 29, 2019 ITCI had a staggering 2,534,223 shares shorted while trading a total of 14,291,085 shares as show the on ITCI 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, 5 days with no change but 2 cover days. The last twenty trading days there were 9 short day, 7 days with no change but 4 cover days.


Intra-Cellular Therapies Inc. (NASDAQ: ITCI) 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 ITCI Short Squeeze.


Intra-Cellular Therapies Inc. (NASDAQ: ITCI) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,534,223
Total Actual Volume14,291,085
Total Volume Discrepancy9,568,943

Short Trends

Cover Days4
Short Days9
No Change Days7

Averages

Average Volume Discrepancy478,447
Average Short Volume126,711
Average Short Percentage47%

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