Pacific Biosciences of California Inc. (NASDAQ:PACB) Short Squeeze

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Over the past twenty days of trading, Pacific Biosciences of California Inc. (NASDAQ: PACB), from December 03, 2019 to December 31, 2019 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 PACB Short Squeeze.


Pacific Biosciences of California Inc. (NASDAQ: PACB) Short Squeeze Analysis

During the last five days of trading, from December 24, 2019 to December 31, 2019 PACB had a staggering 586,253 shares shorted while trading a total of 3,295,870 shares as show the on PACB short page.

The last ten days of trading, from December 17, 2019 to December 31, 2019 PACB had a staggering 3,309,957 shares shorted while trading a total of 21,706,063 shares as show the on PACB short page.

Over the last twenty days of trading, from December 03, 2019 to December 31, 2019 PACB had a staggering 4,001,601 shares shorted while trading a total of 33,643,537 shares as show the on PACB short page.

According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 7 short day, 7 days with no change but 6 cover days.


Pacific Biosciences of California Inc. (NASDAQ: PACB) 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 PACB Short Squeeze.


Pacific Biosciences of California Inc. (NASDAQ: PACB) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume4,001,601
Total Actual Volume33,643,537
Total Volume Discrepancy22,153,612

Short Trends

Cover Days6
Short Days7
No Change Days7

Averages

Average Volume Discrepancy1,107,680
Average Short Volume200,080
Average Short Percentage42%

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

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 Pacific Biosciences of California Inc. (NASDAQ: PACB) and doed not buy, sell, or trade any shares of PACB. This article does not provide a professional analysis of a (PACB) financial position. (PACB) financial position and all other information regarding the featured Company should be verified directly with (PACB). Please read our full disclaimer for more detailed information.