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 Volume||3,323,050|
|Total Actual Volume||19,356,389|
|Total Volume Discrepancy||13,527,783|
|No Change Days||5|
|Average Volume Discrepancy||676,389|
|Average Short Volume||166,152|
|Average Short Percentage||51%|
The Short Trend Indicator
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