Over the past twenty days of trading, West Pharmaceutical Services Inc. (NYSE: WST), from April 24, 2020 to May 21, 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 WST Short Squeeze.
West Pharmaceutical Services Inc. (NYSE: WST) Short Squeeze Analysis
During the last five days of trading, from May 15, 2020 to May 21, 2020 WST had a staggering 43,209 shares shorted while trading a total of 20,012,282 shares as show the on WST short page.
The last ten days of trading, from May 08, 2020 to May 21, 2020 WST had a staggering 68,804 shares shorted while trading a total of 22,613,410 shares as show the on WST short page.
Over the last twenty days of trading, from April 24, 2020 to May 21, 2020 WST had a staggering 102,442 shares shorted while trading a total of 27,438,074 shares as show the on WST short page.
According to our proprietary algorithm during the last five trading days there were 3 short days, 2 days with no change but 0 cover days. Over the last ten trading days there were 6 short days, 3 days with no change but 1 cover days. The last twenty trading days there were 9 short day, 6 days with no change but 5 cover days.
West Pharmaceutical Services Inc. (NYSE: WST) 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 WST Short Squeeze.
West Pharmaceutical Services Inc. (NYSE: WST) Short Squeeze Data
Twenty Day trading Totals
|Total Shorted Volume||102,442|
|Total Actual Volume||27,438,074|
|Total Volume Discrepancy||27,230,574|
|No Change Days||6|
|Average Volume Discrepancy||1,361,528|
|Average Short Volume||5,122|
|Average Short Percentage||47%|
The Short Trend Indicator
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