Nkarta Inc. (NASDAQ:NKTX) Short Squeeze 2024-03-22

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Over the past twenty days of trading, Nkarta Inc. (NASDAQ: NKTX), from February 23, 2024 to March 21, 2024 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 NKTX Short Squeeze.


Nkarta Inc. (NASDAQ: NKTX) Short Squeeze Analysis

During the last five days of trading, from March 15, 2024 to March 21, 2024 NKTX had a staggering 582,875 shares shorted while trading a total of 2,996,073 shares as show the on NKTX short page.

The last ten days of trading, from March 08, 2024 to March 21, 2024 NKTX had a staggering 1,221,302 shares shorted while trading a total of 6,650,233 shares as show the on NKTX short page.

Over the last twenty days of trading, from February 23, 2024 to March 21, 2024 NKTX had a staggering 2,758,893 shares shorted while trading a total of 14,406,944 shares as show the on NKTX 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 6 short days, 4 days with no change but 0 cover days. The last twenty trading days there were 14 short day, 5 days with no change but 1 cover days.


Nkarta Inc. (NASDAQ: NKTX) 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 NKTX Short Squeeze.


Nkarta Inc. (NASDAQ: NKTX) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,758,893
Total Actual Volume14,406,944
Total Volume Discrepancy9,415,780

Short Trends

Cover Days1
Short Days14
No Change Days5

Averages

Average Volume Discrepancy470,789
Average Short Volume137,944
Average Short Percentage55%

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.


Nkarta Inc. (NASDAQ: NKTX) Chart


Disclaimer

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