Reata Pharmaceuticals Inc. (NASDAQ:RETA) Short Squeeze

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Over the past twenty days of trading, Reata Pharmaceuticals Inc. (NASDAQ: RETA), from November 07, 2019 to December 05, 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 RETA Short Squeeze.


Reata Pharmaceuticals Inc. (NASDAQ: RETA) Short Squeeze Analysis

During the last five days of trading, from November 29, 2019 to December 05, 2019 RETA had a staggering 254,514 shares shorted while trading a total of 1,620,556 shares as show the on RETA short page.

The last ten days of trading, from November 21, 2019 to December 05, 2019 RETA had a staggering 500,775 shares shorted while trading a total of 4,068,189 shares as show the on RETA short page.

Over the last twenty days of trading, from November 07, 2019 to December 05, 2019 RETA had a staggering 1,502,496 shares shorted while trading a total of 13,623,528 shares as show the on RETA 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 5 short days, 3 days with no change but 2 cover days. The last twenty trading days there were 8 short day, 7 days with no change but 5 cover days.


Reata Pharmaceuticals Inc. (NASDAQ: RETA) 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 RETA Short Squeeze.


Reata Pharmaceuticals Inc. (NASDAQ: RETA) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume1,502,496
Total Actual Volume13,623,528
Total Volume Discrepancy10,140,759

Short Trends

Cover Days5
Short Days8
No Change Days7

Averages

Average Volume Discrepancy507,037
Average Short Volume75,124
Average Short Percentage46%

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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