Mirum Pharmaceuticals Inc – Ordinary Shares (NYSE:MIRM) Short Squeeze

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Over the past twenty days of trading, Mirum Pharmaceuticals Inc – Ordinary Shares (NYSE: MIRM), from November 29, 2019 to December 27, 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 MIRM Short Squeeze.


Mirum Pharmaceuticals Inc – Ordinary Shares (NYSE: MIRM) Short Squeeze Analysis

During the last five days of trading, from December 20, 2019 to December 27, 2019 MIRM had a staggering 87,203 shares shorted while trading a total of 1,207,581 shares as show the on MIRM short page.

The last ten days of trading, from December 13, 2019 to December 27, 2019 MIRM had a staggering 1,971,954 shares shorted while trading a total of 16,235,562 shares as show the on MIRM short page.

Over the last twenty days of trading, from November 29, 2019 to December 27, 2019 MIRM had a staggering 2,024,888 shares shorted while trading a total of 17,122,745 shares as show the on MIRM short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 1 days with no change but 2 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 12 short day, 6 days with no change but 2 cover days.


Mirum Pharmaceuticals Inc – Ordinary Shares (NYSE: MIRM) 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 MIRM Short Squeeze.


Mirum Pharmaceuticals Inc – Ordinary Shares (NYSE: MIRM) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,024,888
Total Actual Volume17,122,745
Total Volume Discrepancy13,367,565

Short Trends

Cover Days2
Short Days12
No Change Days6

Averages

Average Volume Discrepancy668,378
Average Short Volume101,244
Average Short Percentage57%

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

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