Over the past twenty days of trading, Bionomics Limited (NASDAQ: BNOX), from August 02, 2023 to August 29, 2023 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 BNOX Short Squeeze.
Bionomics Limited (NASDAQ: BNOX) Short Squeeze Analysis
During the last five days of trading, from August 23, 2023 to August 29, 2023 BNOX had a staggering 1,907,071 shares shorted while trading a total of 8,324,477 shares as show the on BNOX short page.
The last ten days of trading, from August 16, 2023 to August 29, 2023 BNOX had a staggering 1,923,168 shares shorted while trading a total of 8,466,273 shares as show the on BNOX short page.
Over the last twenty days of trading, from August 02, 2023 to August 29, 2023 BNOX had a staggering 2,290,413 shares shorted while trading a total of 10,124,607 shares as show the on BNOX short page.
According to our proprietary algorithm during the last five trading days there were 5 short days, 0 days with no change but 0 cover days. Over the last ten trading days there were 7 short days, 2 days with no change but 1 cover days. The last twenty trading days there were 10 short day, 6 days with no change but 4 cover days.
Bionomics Limited (NASDAQ: BNOX) 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 BNOX Short Squeeze.
Bionomics Limited (NASDAQ: BNOX) Short Squeeze Data
Twenty Day trading Totals
| Total Shorted Volume | 2,290,413 |
| Total Actual Volume | 10,124,607 |
| Total Volume Discrepancy | 5,961,215 |
Short Trends
| Cover Days | 4 |
| Short Days | 10 |
| No Change Days | 6 |
Averages
| Average Volume Discrepancy | 298,060 |
| Average Short Volume | 114,520 |
| Average Short Percentage | 45% |
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.
Bionomics Limited (NASDAQ: BNOX) Chart
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