Over the past twenty days of trading, Revance Therapeutics Inc. (NASDAQ: RVNC), from January 14, 2020 to February 11, 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 RVNC Short Squeeze.
Revance Therapeutics Inc. (NASDAQ: RVNC) Short Squeeze Analysis
During the last five days of trading, from February 05, 2020 to February 11, 2020 RVNC had a staggering 1,101,413 shares shorted while trading a total of 5,728,901 shares as show the on RVNC short page.
The last ten days of trading, from January 29, 2020 to February 11, 2020 RVNC had a staggering 1,387,614 shares shorted while trading a total of 7,995,605 shares as show the on RVNC short page.
Over the last twenty days of trading, from January 14, 2020 to February 11, 2020 RVNC had a staggering 2,168,780 shares shorted while trading a total of 16,312,769 shares as show the on RVNC short page.
According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 6 short days, 2 days with no change but 2 cover days. The last twenty trading days there were 7 short day, 7 days with no change but 6 cover days.
Revance Therapeutics Inc. (NASDAQ: RVNC) 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 RVNC Short Squeeze.
Revance Therapeutics Inc. (NASDAQ: RVNC) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,168,780|
|Total Actual Volume||16,312,769|
|Total Volume Discrepancy||11,281,206|
|No Change Days||7|
|Average Volume Discrepancy||564,060|
|Average Short Volume||108,439|
|Average Short Percentage||44%|
The Short Trend Indicator
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