Over the past twenty days of trading, NxGen Brands Inc (OTCMKTS: NXGB), from April 28, 2020 to July 13, 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 NXGB Short Squeeze.
NxGen Brands Inc (OTCMKTS: NXGB) Short Squeeze Analysis
During the last five days of trading, from July 06, 2020 to July 13, 2020 NXGB had a staggering 145,100 shares shorted while trading a total of 218,347 shares as show the on NXGB short page.
The last ten days of trading, from June 26, 2020 to July 13, 2020 NXGB had a staggering 230,622 shares shorted while trading a total of 398,657 shares as show the on NXGB short page.
Over the last twenty days of trading, from April 28, 2020 to July 13, 2020 NXGB had a staggering 340,635 shares shorted while trading a total of 588,786 shares as show the on NXGB short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 0 days with no change but 1 cover days. Over the last ten trading days there were 7 short days, 0 days with no change but 3 cover days. The last twenty trading days there were 14 short day, 2 days with no change but 4 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 Volume||340,635|
|Total Actual Volume||588,786|
|Total Volume Discrepancy||-36,052|
|No Change Days||2|
|Average Volume Discrepancy||-1,802|
|Average Short Volume||17,031|
|Average Short Percentage||55%|
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
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