Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) Short Squeeze

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Over the past twenty days of trading, Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP), from January 17, 2020 to March 20, 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 TNXP Short Squeeze.


Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Short Squeeze Analysis

During the last five days of trading, from February 10, 2020 to March 20, 2020 TNXP had a staggering 18,384,469 shares shorted while trading a total of 89,699,184 shares as show the on TNXP short page.

The last ten days of trading, from February 03, 2020 to March 20, 2020 TNXP had a staggering 20,664,745 shares shorted while trading a total of 106,932,797 shares as show the on TNXP short page.

Over the last twenty days of trading, from January 17, 2020 to March 20, 2020 TNXP had a staggering 23,954,744 shares shorted while trading a total of 128,852,910 shares as show the on TNXP short page.

According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 3 days with no change but 0 cover days. The last twenty trading days there were 11 short day, 7 days with no change but 2 cover days.


Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) 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 TNXP Short Squeeze.


Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume23,954,744
Total Actual Volume128,852,910
Total Volume Discrepancy89,248,497

Short Trends

Cover Days2
Short Days11
No Change Days7

Averages

Average Volume Discrepancy4,462,424
Average Short Volume1,197,737
Average Short Percentage50%

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