Mar. 5 at 6:12 PM
$BDTX
A penny for your thought's?
I was expecting their earnings report today (March 5th). The consensus is between now and (March 10th).
The low today matches support from February. 15th (
$2.16 +/-)
THE SHORT RATIO IS (11.67)
• A value of 11 days indicates materially higher covering pressure. Short sellers would need approximately 11 trading days of average volume to fully exit. This scenario often reflects:
• Elevated short interest relative to liquidity.
• Greater potential for upward price volatility if positive catalysts (e.g., strong clinical data, partnerships, or institutional buying) prompt covering.
• Increased risk for shorts, as prolonged covering could amplify price moves in a feedback loop.
• Moderate to high bearish conviction among shorts, but with added vulnerability to a short squeeze if sentiment shifts.
