Over the past twenty days of trading, Kiniksa Pharmaceuticals Ltd. (NASDAQ: KNSA), from March 20, 2020 to April 17, 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 KNSA Short Squeeze.
Kiniksa Pharmaceuticals Ltd. (NASDAQ: KNSA) Short Squeeze Analysis
During the last five days of trading, from April 13, 2020 to April 17, 2020 KNSA had a staggering 418,385 shares shorted while trading a total of 1,231,795 shares as show the on KNSA short page.
The last ten days of trading, from April 03, 2020 to April 17, 2020 KNSA had a staggering 691,422 shares shorted while trading a total of 2,750,752 shares as show the on KNSA short page.
Over the last twenty days of trading, from March 20, 2020 to April 17, 2020 KNSA had a staggering 1,294,121 shares shorted while trading a total of 6,517,430 shares as show the on KNSA short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 2 days with no change but 1 cover days. The last twenty trading days there were 11 short day, 6 days with no change but 3 cover days.
Kiniksa Pharmaceuticals Ltd. (NASDAQ: KNSA) 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 KNSA Short Squeeze.
Kiniksa Pharmaceuticals Ltd. (NASDAQ: KNSA) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||1,294,121|
|Total Actual Volume||6,517,430|
|Total Volume Discrepancy||4,190,275|
|No Change Days||6|
|Average Volume Discrepancy||209,513|
|Average Short Volume||64,706|
|Average Short Percentage||54%|
The Short Trend Indicator
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