Over the past twenty days of trading, Sonoma Pharmaceuticals Inc. (NASDAQ: SNOA), from May 01, 2020 to May 29, 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 SNOA Short Squeeze.
Sonoma Pharmaceuticals Inc. (NASDAQ: SNOA) Short Squeeze Analysis
During the last five days of trading, from May 22, 2020 to May 29, 2020 SNOA had a staggering 5,223,513 shares shorted while trading a total of 34,598,977 shares as show the on SNOA short page.
The last ten days of trading, from May 15, 2020 to May 29, 2020 SNOA had a staggering 5,232,486 shares shorted while trading a total of 34,655,114 shares as show the on SNOA short page.
Over the last twenty days of trading, from May 01, 2020 to May 29, 2020 SNOA had a staggering 5,247,226 shares shorted while trading a total of 34,739,081 shares as show the on SNOA short page.
According to our proprietary algorithm during the last five trading days there were 2 short days, 2 days with no change but 1 cover days. Over the last ten trading days there were 4 short days, 2 days with no change but 4 cover days. The last twenty trading days there were 10 short day, 4 days with no change but 6 cover days.
Sonoma Pharmaceuticals Inc. (NASDAQ: SNOA) 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 SNOA Short Squeeze.
Sonoma Pharmaceuticals Inc. (NASDAQ: SNOA) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||5,247,226|
|Total Actual Volume||34,739,081|
|Total Volume Discrepancy||26,043,661|
|No Change Days||4|
|Average Volume Discrepancy||1,302,183|
|Average Short Volume||262,361|
|Average Short Percentage||46%|
The Short Trend Indicator
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