Over the past twenty days of trading, Rhythm Pharmaceuticals Inc. (NASDAQ: RYTM), from November 11, 2019 to December 09, 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 RYTM Short Squeeze.
Rhythm Pharmaceuticals Inc. (NASDAQ: RYTM) Short Squeeze Analysis
During the last five days of trading, from December 03, 2019 to December 09, 2019 RYTM had a staggering 279,083 shares shorted while trading a total of 1,687,136 shares as show the on RYTM short page.
The last ten days of trading, from November 25, 2019 to December 09, 2019 RYTM had a staggering 498,161 shares shorted while trading a total of 3,059,262 shares as show the on RYTM short page.
Over the last twenty days of trading, from November 11, 2019 to December 09, 2019 RYTM had a staggering 967,218 shares shorted while trading a total of 5,657,514 shares as show the on RYTM short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 0 days with no change but 2 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 12 short day, 2 days with no change but 6 cover days.
Rhythm Pharmaceuticals Inc. (NASDAQ: RYTM) 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 RYTM Short Squeeze.
Rhythm Pharmaceuticals Inc. (NASDAQ: RYTM) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||967,218|
|Total Actual Volume||5,657,514|
|Total Volume Discrepancy||3,784,570|
|No Change Days||2|
|Average Volume Discrepancy||189,228|
|Average Short Volume||48,360|
|Average Short Percentage||52%|
The Short Trend Indicator
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