Over the past twenty days of trading, Solid Biosciences Inc. (NASDAQ: SLDB), from October 18, 2019 to November 14, 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 SLDB Short Squeeze.
Solid Biosciences Inc. (NASDAQ: SLDB) Short Squeeze Analysis
During the last five days of trading, from November 08, 2019 to November 14, 2019 SLDB had a staggering 1,965,295 shares shorted while trading a total of 17,783,963 shares as show the on SLDB short page.
The last ten days of trading, from November 01, 2019 to November 14, 2019 SLDB had a staggering 2,094,938 shares shorted while trading a total of 18,877,528 shares as show the on SLDB short page.
Over the last twenty days of trading, from October 18, 2019 to November 14, 2019 SLDB had a staggering 2,590,018 shares shorted while trading a total of 22,309,814 shares as show the on SLDB short page.
According to our proprietary algorithm during the last five trading days there were 1 short days, 3 days with no change but 1 cover days. Over the last ten trading days there were 3 short days, 6 days with no change but 1 cover days. The last twenty trading days there were 7 short day, 9 days with no change but 4 cover days.
Solid Biosciences Inc. (NASDAQ: SLDB) 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 SLDB Short Squeeze.
Solid Biosciences Inc. (NASDAQ: SLDB) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,590,018|
|Total Actual Volume||22,309,814|
|Total Volume Discrepancy||15,924,733|
|No Change Days||9|
|Average Volume Discrepancy||796,236|
|Average Short Volume||129,500|
|Average Short Percentage||44%|
The Short Trend Indicator
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