Principia Biopharma Inc. (NASDAQ:PRNB) Short Squeeze

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Over the past twenty days of trading, Principia Biopharma Inc. (NASDAQ: PRNB), from December 16, 2019 to January 14, 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 PRNB Short Squeeze.


Principia Biopharma Inc. (NASDAQ: PRNB) Short Squeeze Analysis

During the last five days of trading, from January 08, 2020 to January 14, 2020 PRNB had a staggering 353,025 shares shorted while trading a total of 1,547,731 shares as show the on PRNB short page.

The last ten days of trading, from December 31, 2019 to January 14, 2020 PRNB had a staggering 509,257 shares shorted while trading a total of 2,817,247 shares as show the on PRNB short page.

Over the last twenty days of trading, from December 16, 2019 to January 14, 2020 PRNB had a staggering 865,366 shares shorted while trading a total of 6,981,653 shares as show the on PRNB 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 6 short days, 1 days with no change but 3 cover days. The last twenty trading days there were 9 short day, 3 days with no change but 8 cover days.


Principia Biopharma Inc. (NASDAQ: PRNB) 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 PRNB Short Squeeze.


Principia Biopharma Inc. (NASDAQ: PRNB) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume865,366
Total Actual Volume6,981,653
Total Volume Discrepancy4,870,941

Short Trends

Cover Days8
Short Days9
No Change Days3

Averages

Average Volume Discrepancy243,547
Average Short Volume43,268
Average Short Percentage45%

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

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