NxGen Brands Inc (OTCMKTS:NXGB) Short Squeeze 2021-01-12

squeeze report news post

Over the past twenty days of trading, NxGen Brands Inc (OTCMKTS: NXGB), from November 18, 2020 to January 11, 2021 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 NXGB Short Squeeze.


NxGen Brands Inc (OTCMKTS: NXGB) Short Squeeze Analysis

During the last five days of trading, from January 05, 2021 to January 11, 2021 NXGB had a staggering 31,995 shares shorted while trading a total of 88,281 shares as show the on NXGB short page.

The last ten days of trading, from December 15, 2020 to January 11, 2021 NXGB had a staggering 47,446 shares shorted while trading a total of 119,321 shares as show the on NXGB short page.

Over the last twenty days of trading, from November 18, 2020 to January 11, 2021 NXGB had a staggering 63,813 shares shorted while trading a total of 214,244 shares as show the on NXGB short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 1 days with no change but 2 cover days. Over the last ten trading days there were 4 short days, 3 days with no change but 3 cover days. The last twenty trading days there were 6 short day, 4 days with no change but 10 cover days.


NxGen Brands Inc (OTCMKTS: NXGB) 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 NXGB Short Squeeze.


NxGen Brands Inc (OTCMKTS: NXGB) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume63,813
Total Actual Volume214,244
Total Volume Discrepancy-3,214

Short Trends

Cover Days10
Short Days6
No Change Days4

Averages

Average Volume Discrepancy-160
Average Short Volume3,190
Average Short Percentage40%

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.


NxGen Brands Inc (OTCMKTS: NXGB) Chart


Disclaimer

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