Summary

With a SqueezeLine score of 8.6, NKTR has a very good chance of squeezing higher and is one of the top short squeeze candidates. A short float of 11% is significant, but not incredibly high. The 200-day price and volume are both in an uptrend, which is generally bullish. A short ratio of 20.66 means it would take approximately 21 days to fully cover the short position, based on the recent average volume of 965,350.