Over the past twenty days of trading, Translate Bio Inc. (NASDAQ: TBIO), from March 30, 2020 to April 27, 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 TBIO Short Squeeze.
Translate Bio Inc. (NASDAQ: TBIO) Short Squeeze Analysis
During the last five days of trading, from April 21, 2020 to April 27, 2020 TBIO had a staggering 976,475 shares shorted while trading a total of 6,329,976 shares as show the on TBIO short page.
The last ten days of trading, from April 14, 2020 to April 27, 2020 TBIO had a staggering 1,173,013 shares shorted while trading a total of 7,639,321 shares as show the on TBIO short page.
Over the last twenty days of trading, from March 30, 2020 to April 27, 2020 TBIO had a staggering 2,173,694 shares shorted while trading a total of 13,184,482 shares as show the on TBIO 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 9 short day, 9 days with no change but 2 cover days.
Translate Bio Inc. (NASDAQ: TBIO) 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 TBIO Short Squeeze.
Translate Bio Inc. (NASDAQ: TBIO) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||2,173,694|
|Total Actual Volume||13,184,482|
|Total Volume Discrepancy||7,741,904|
|No Change Days||9|
|Average Volume Discrepancy||387,095|
|Average Short Volume||108,684|
|Average Short Percentage||49%|
The Short Trend Indicator
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