Sierra Oncology Inc. (NASDAQ:SRRA) Short Squeeze

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Over the past twenty days of trading, Sierra Oncology Inc. (NASDAQ: SRRA), from January 09, 2020 to February 06, 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 SRRA Short Squeeze.


Sierra Oncology Inc. (NASDAQ: SRRA) Short Squeeze Analysis

During the last five days of trading, from January 31, 2020 to February 06, 2020 SRRA had a staggering 25,362 shares shorted while trading a total of 224,171 shares as show the on SRRA short page.

The last ten days of trading, from January 24, 2020 to February 06, 2020 SRRA had a staggering 70,450 shares shorted while trading a total of 569,002 shares as show the on SRRA short page.

Over the last twenty days of trading, from January 09, 2020 to February 06, 2020 SRRA had a staggering 2,958,243 shares shorted while trading a total of 23,219,679 shares as show the on SRRA short page.

According to our proprietary algorithm during the last five trading days there were 2 short days, 3 days with no change but 0 cover days. Over the last ten trading days there were 4 short days, 6 days with no change but 0 cover days. The last twenty trading days there were 9 short day, 9 days with no change but 2 cover days.


Sierra Oncology Inc. (NASDAQ: SRRA) 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 SRRA Short Squeeze.


Sierra Oncology Inc. (NASDAQ: SRRA) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume2,958,243
Total Actual Volume23,219,679
Total Volume Discrepancy17,121,878

Short Trends

Cover Days2
Short Days9
No Change Days9

Averages

Average Volume Discrepancy856,093
Average Short Volume147,912
Average Short Percentage48%

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 Sierra Oncology Inc. (NASDAQ: SRRA) and doed not buy, sell, or trade any shares of SRRA. This article does not provide a professional analysis of a (SRRA) financial position. (SRRA) financial position and all other information regarding the featured Company should be verified directly with (SRRA). Please read our full disclaimer for more detailed information.