Over the past twenty days of trading, Myriad Genetics Inc. (NASDAQ: MYGN), from September 30, 2019 to October 25, 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 MYGN Short Squeeze.
Myriad Genetics Inc. (NASDAQ: MYGN) Short Squeeze Analysis
During the last five days of trading, from October 21, 2019 to October 25, 2019 MYGN had a staggering 253,061 shares shorted while trading a total of 3,127,221 shares as show the on MYGN short page.
The last ten days of trading, from October 14, 2019 to October 25, 2019 MYGN had a staggering 497,288 shares shorted while trading a total of 5,464,226 shares as show the on MYGN short page.
Over the last twenty days of trading, from September 30, 2019 to October 25, 2019 MYGN had a staggering 951,214 shares shorted while trading a total of 10,829,028 shares as show the on MYGN short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 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 6 short day, 11 days with no change but 3 cover days.
Myriad Genetics Inc. (NASDAQ: MYGN) 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 MYGN Short Squeeze.
Myriad Genetics Inc. (NASDAQ: MYGN) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||951,214|
|Total Actual Volume||10,829,028|
|Total Volume Discrepancy||8,635,989|
|No Change Days||11|
|Average Volume Discrepancy||431,799|
|Average Short Volume||47,560|
|Average Short Percentage||45%|
The Short Trend Indicator
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