Precision BioSciences Inc. (NYSE:DTIL) Short Squeeze

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Over the past twenty days of trading, Precision BioSciences Inc. (NYSE: DTIL), from November 22, 2019 to December 20, 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 DTIL Short Squeeze.


Precision BioSciences Inc. (NYSE: DTIL) Short Squeeze Analysis

During the last five days of trading, from December 16, 2019 to December 20, 2019 DTIL had a staggering 476,904 shares shorted while trading a total of 10,511,100 shares as show the on DTIL short page.

The last ten days of trading, from December 09, 2019 to December 20, 2019 DTIL had a staggering 1,953,686 shares shorted while trading a total of 27,143,653 shares as show the on DTIL short page.

Over the last twenty days of trading, from November 22, 2019 to December 20, 2019 DTIL had a staggering 2,374,997 shares shorted while trading a total of 40,931,872 shares as show the on DTIL short page.

According to our proprietary algorithm during the last five trading days there were 1 short days, 3 days with no change but 1 cover days. Over the last ten trading days there were 3 short days, 5 days with no change but 2 cover days. The last twenty trading days there were 10 short day, 6 days with no change but 4 cover days.


Precision BioSciences Inc. (NYSE: DTIL) 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 DTIL Short Squeeze.


Precision BioSciences Inc. (NYSE: DTIL) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,374,997
Total Actual Volume40,931,872
Total Volume Discrepancy36,723,645

Short Trends

Cover Days4
Short Days10
No Change Days6

Averages

Average Volume Discrepancy1,836,182
Average Short Volume118,749
Average Short Percentage50%

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