Over the past twenty days of trading, resTORbio Inc. (NASDAQ: TORC), from October 21, 2019 to November 15, 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 TORC Short Squeeze.
resTORbio Inc. (NASDAQ: TORC) Short Squeeze Analysis
During the last five days of trading, from November 11, 2019 to November 15, 2019 TORC had a staggering 3,070,653 shares shorted while trading a total of 27,814,266 shares as show the on TORC short page.
The last ten days of trading, from November 04, 2019 to November 15, 2019 TORC had a staggering 3,294,309 shares shorted while trading a total of 28,935,120 shares as show the on TORC short page.
Over the last twenty days of trading, from October 21, 2019 to November 15, 2019 TORC had a staggering 3,846,233 shares shorted while trading a total of 31,408,433 shares as show the on TORC 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 8 short days, 1 days with no change but 1 cover days. The last twenty trading days there were 17 short day, 2 days with no change but 1 cover days.
resTORbio Inc. (NASDAQ: TORC) 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 TORC Short Squeeze.
resTORbio Inc. (NASDAQ: TORC) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||3,846,233|
|Total Actual Volume||31,408,433|
|Total Volume Discrepancy||20,740,470|
|No Change Days||2|
|Average Volume Discrepancy||1,037,023|
|Average Short Volume||192,311|
|Average Short Percentage||62%|
The Short Trend Indicator
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