on friday shares of thermogenesis holdings inc thmo experienced volatile short activity after the activity the stock price went down 952 to 019 the overall sentiment for thmo has been bearish the signal from the volatility alert is trending bearish therefore the recommendation is to strong sell the volatility alert was produced on the prior trading date 9162022 with a volatility change of 5851 the current volatility indicator stands at 14707 overview the securities lending volatility indicator is produced by tidal markets in partnership with benzinga insights securities lending primarily serves the purpose of providing liquidity to short sellers when unusual activity occurs in the securities lending markets it acts as an upstream indicator to what is likely to occur downstream in the regular stock market understanding the volatility alert overall sentiment is considered bear when broad market activity of the stock has been shown to indicate a negative directional basis or is considered bull when indicating a positive directional basis the securities lending volatility indicator provides a signal when it detects unusual short activity unusual short activity is based off a computer generated algorithmic formula utilizing securities lending trade details such as the volume of shares being shorted the rate being paid to short the shares and the type of collateral being posted  amongst other variables the current volatility is the respective trading days calculated securities lending volatility value the volatility percentage change is the percentage difference in volatility between the two most recent days the recommendation is a suggestive strategy inferred from the strength of the signal trending current volatility and volatility  change recommendations may include strong buy strong sell increase short exposure decrease short exposure or market neutral any information contained herein does not constitute or imply investment advice