Over the past twenty days of trading, NanoViricides Inc. (NYSE: NNVC), from December 26, 2019 to January 24, 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 NNVC Short Squeeze.
NanoViricides Inc. (NYSE: NNVC) Short Squeeze Analysis
During the last five days of trading, from January 17, 2020 to January 24, 2020 NNVC had a staggering 6,444,811 shares shorted while trading a total of 56,419,324 shares as show the on NNVC short page.
The last ten days of trading, from January 10, 2020 to January 24, 2020 NNVC had a staggering 6,500,908 shares shorted while trading a total of 56,980,594 shares as show the on NNVC short page.
Over the last twenty days of trading, from December 26, 2019 to January 24, 2020 NNVC had a staggering 6,582,667 shares shorted while trading a total of 57,732,949 shares as show the on NNVC 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 6 short days, 4 days with no change but 0 cover days. The last twenty trading days there were 10 short day, 8 days with no change but 2 cover days.
NanoViricides Inc. (NYSE: NNVC) 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 NNVC Short Squeeze.
NanoViricides Inc. (NYSE: NNVC) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||6,582,667|
|Total Actual Volume||57,732,949|
|Total Volume Discrepancy||45,574,199|
|No Change Days||8|
|Average Volume Discrepancy||2,278,709|
|Average Short Volume||329,133|
|Average Short Percentage||53%|
The Short Trend Indicator
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