Nektar Therapeutics (NASDAQ:NKTR) Short Squeeze

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Over the past twenty days of trading, Nektar Therapeutics (NASDAQ: NKTR), from January 09, 2020 to February 06, 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 NKTR Short Squeeze.


Nektar Therapeutics (NASDAQ: NKTR) Short Squeeze Analysis

During the last five days of trading, from January 31, 2020 to February 06, 2020 NKTR had a staggering 849,698 shares shorted while trading a total of 8,443,849 shares as show the on NKTR short page.

The last ten days of trading, from January 24, 2020 to February 06, 2020 NKTR had a staggering 1,772,619 shares shorted while trading a total of 16,598,111 shares as show the on NKTR short page.

Over the last twenty days of trading, from January 09, 2020 to February 06, 2020 NKTR had a staggering 8,497,557 shares shorted while trading a total of 64,650,645 shares as show the on NKTR short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 2 days with no change but 2 cover days. Over the last ten trading days there were 2 short days, 6 days with no change but 2 cover days. The last twenty trading days there were 5 short day, 11 days with no change but 4 cover days.


Nektar Therapeutics (NASDAQ: NKTR) 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 NKTR Short Squeeze.


Nektar Therapeutics (NASDAQ: NKTR) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume8,497,557
Total Actual Volume64,650,645
Total Volume Discrepancy46,253,570

Short Trends

Cover Days4
Short Days5
No Change Days11

Averages

Average Volume Discrepancy2,312,678
Average Short Volume424,877
Average Short Percentage43%

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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