Over the past twenty days of trading, Shionogi & Co. Ltd. ADR (OTCMKTS: SGIOY), from April 22, 2020 to May 19, 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 SGIOY Short Squeeze.
Shionogi & Co. Ltd. ADR (OTCMKTS: SGIOY) Short Squeeze Analysis
During the last five days of trading, from May 13, 2020 to May 19, 2020 SGIOY had a staggering 401,278 shares shorted while trading a total of 4,204,121 shares as show the on SGIOY short page.
The last ten days of trading, from May 06, 2020 to May 19, 2020 SGIOY had a staggering 2,225,998 shares shorted while trading a total of 6,502,660 shares as show the on SGIOY short page.
Over the last twenty days of trading, from April 22, 2020 to May 19, 2020 SGIOY had a staggering 2,387,765 shares shorted while trading a total of 6,881,258 shares as show the on SGIOY 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 7 short days, 2 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 4 days with no change but 7 cover days.
Shionogi & Co. Ltd. ADR (OTCMKTS: SGIOY) 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 SGIOY Short Squeeze.
Shionogi & Co. Ltd. ADR (OTCMKTS: SGIOY) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,387,765|
|Total Actual Volume||6,881,258|
|Total Volume Discrepancy||3,614,435|
|No Change Days||4|
|Average Volume Discrepancy||180,721|
|Average Short Volume||119,388|
|Average Short Percentage||48%|
The Short Trend Indicator
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