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 Volume||1,502,496|
|Total Actual Volume||13,623,528|
|Total Volume Discrepancy||10,140,759|
|No Change Days||7|
|Average Volume Discrepancy||507,037|
|Average Short Volume||75,124|
|Average Short Percentage||46%|
The Short Trend Indicator
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