NxGen Brands Inc (OTCMKTS:NXGB) Short Squeeze

squeeze report news post

Over the past twenty days of trading, NxGen Brands Inc (OTCMKTS: NXGB), from July 10, 2020 to August 07, 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 August 03, 2020 to August 07, 2020 NXGB had a staggering 21,640 shares shorted while trading a total of 39,741 shares as show the on NXGB short page.

The last ten days of trading, from July 24, 2020 to August 07, 2020 NXGB had a staggering 61,760 shares shorted while trading a total of 109,363 shares as show the on NXGB short page.

Over the last twenty days of trading, from July 10, 2020 to August 07, 2020 NXGB had a staggering 384,553 shares shorted while trading a total of 574,497 shares as show the on NXGB short page.

According to our proprietary algorithm during the last five trading days there were 3 short days, 1 days with no change but 1 cover days. Over the last ten trading days there were 7 short days, 2 days with no change but 1 cover days. The last twenty trading days there were 15 short day, 3 days with no change but 2 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 Volume384,553
Total Actual Volume574,497
Total Volume Discrepancy-56,723

Short Trends

Cover Days2
Short Days15
No Change Days3

Averages

Average Volume Discrepancy-2,836
Average Short Volume19,227
Average Short Percentage60%

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

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of NxGen Brands Inc (OTCMKTS: NXGB) and doed not buy, sell, or trade any shares of NXGB. This article does not provide a professional analysis of a (NXGB) financial position. (NXGB) financial position and all other information regarding the featured Company should be verified directly with (NXGB). Please read our full disclaimer for more detailed information.