Silk Road Medical Inc. (NYSE:SILK) Short Squeeze 2024-01-19

squeeze-report-news-post-white

Over the past twenty days of trading, Silk Road Medical Inc. (NYSE: SILK), from January 15, 2020 to February 12, 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 SILK Short Squeeze.


Silk Road Medical Inc. (NYSE: SILK) Short Squeeze Analysis

During the last five days of trading, from February 06, 2020 to February 12, 2020 SILK had a staggering 10,542 shares shorted while trading a total of 927,032 shares as show the on SILK short page.

The last ten days of trading, from January 30, 2020 to February 12, 2020 SILK had a staggering 34,978 shares shorted while trading a total of 2,652,521 shares as show the on SILK short page.

Over the last twenty days of trading, from January 15, 2020 to February 12, 2020 SILK had a staggering 60,058 shares shorted while trading a total of 6,018,156 shares as show the on SILK 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, 1 days with no change but 2 cover days. The last twenty trading days there were 12 short day, 2 days with no change but 6 cover days.


Silk Road Medical Inc. (NYSE: SILK) 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 SILK Short Squeeze.


Silk Road Medical Inc. (NYSE: SILK) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume60,058
Total Actual Volume6,018,156
Total Volume Discrepancy5,862,342

Short Trends

Cover Days6
Short Days12
No Change Days2

Averages

Average Volume Discrepancy293,117
Average Short Volume3,002
Average Short Percentage47%

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.


Silk Road Medical Inc. (NYSE: SILK) Chart


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