Rhythm Pharmaceuticals Inc. (NASDAQ:RYTM) Short Squeeze

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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 Volume967,218
Total Actual Volume5,657,514
Total Volume Discrepancy3,784,570

Short Trends

Cover Days6
Short Days12
No Change Days2

Averages

Average Volume Discrepancy189,228
Average Short Volume48,360
Average Short Percentage52%

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

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of Rhythm Pharmaceuticals Inc. (NASDAQ: RYTM) and doed not buy, sell, or trade any shares of RYTM. This article does not provide a professional analysis of a (RYTM) financial position. (RYTM) financial position and all other information regarding the featured Company should be verified directly with (RYTM). Please read our full disclaimer for more detailed information.