Momenta Pharmaceuticals Inc. (NASDAQ:MNTA) Short Squeeze

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Over the past twenty days of trading, Momenta Pharmaceuticals Inc. (NASDAQ: MNTA), from April 30, 2020 to May 28, 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 MNTA Short Squeeze.


Momenta Pharmaceuticals Inc. (NASDAQ: MNTA) Short Squeeze Analysis

During the last five days of trading, from May 21, 2020 to May 28, 2020 MNTA had a staggering 1,389,457 shares shorted while trading a total of 5,203,431 shares as show the on MNTA short page.

The last ten days of trading, from May 14, 2020 to May 28, 2020 MNTA had a staggering 2,037,686 shares shorted while trading a total of 9,460,920 shares as show the on MNTA short page.

Over the last twenty days of trading, from April 30, 2020 to May 28, 2020 MNTA had a staggering 3,323,050 shares shorted while trading a total of 19,356,389 shares as show the on MNTA 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 9 short day, 5 days with no change but 6 cover days.


Momenta Pharmaceuticals Inc. (NASDAQ: MNTA) 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 MNTA Short Squeeze.


Momenta Pharmaceuticals Inc. (NASDAQ: MNTA) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume3,323,050
Total Actual Volume19,356,389
Total Volume Discrepancy13,527,783

Short Trends

Cover Days6
Short Days9
No Change Days5

Averages

Average Volume Discrepancy676,389
Average Short Volume166,152
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 Momenta Pharmaceuticals Inc. (NASDAQ: MNTA) and doed not buy, sell, or trade any shares of MNTA. This article does not provide a professional analysis of a (MNTA) financial position. (MNTA) financial position and all other information regarding the featured Company should be verified directly with (MNTA). Please read our full disclaimer for more detailed information.