Over the past twenty days of trading, Minerva Neurosciences Inc (NASDAQ: NERV), from May 04, 2020 to June 01, 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 NERV Short Squeeze.
Minerva Neurosciences Inc (NASDAQ: NERV) Short Squeeze Analysis
During the last five days of trading, from May 26, 2020 to June 01, 2020 NERV had a staggering 20,342,355 shares shorted while trading a total of 108,719,075 shares as show the on NERV short page.
The last ten days of trading, from May 18, 2020 to June 01, 2020 NERV had a staggering 21,271,855 shares shorted while trading a total of 114,278,532 shares as show the on NERV short page.
Over the last twenty days of trading, from May 04, 2020 to June 01, 2020 NERV had a staggering 22,101,220 shares shorted while trading a total of 121,280,952 shares as show the on NERV short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 5 short days, 4 days with no change but 1 cover days. The last twenty trading days there were 7 short day, 7 days with no change but 6 cover days.
Minerva Neurosciences Inc (NASDAQ: NERV) 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 NERV Short Squeeze.
Minerva Neurosciences Inc (NASDAQ: NERV) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||22,101,220|
|Total Actual Volume||121,280,952|
|Total Volume Discrepancy||85,017,079|
|No Change Days||7|
|Average Volume Discrepancy||4,250,853|
|Average Short Volume||1,105,061|
|Average Short Percentage||45%|
The Short Trend Indicator
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