iShares MSCI China ETF (NASDAQ:MCHI) Short Squeeze 2023-06-30

squeeze report news post

Over the past twenty days of trading, iShares MSCI China ETF (NASDAQ: MCHI), from June 01, 2023 to June 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 MCHI Short Squeeze.


iShares MSCI China ETF (NASDAQ: MCHI) Short Squeeze Analysis

During the last five days of trading, from June 23, 2023 to June 29, 2023 MCHI had a staggering 1,811,404 shares shorted while trading a total of 14,544,771 shares as show the on MCHI short page.

The last ten days of trading, from June 15, 2023 to June 29, 2023 MCHI had a staggering 3,987,737 shares shorted while trading a total of 32,294,596 shares as show the on MCHI short page.

Over the last twenty days of trading, from June 01, 2023 to June 29, 2023 MCHI had a staggering 6,868,780 shares shorted while trading a total of 73,552,648 shares as show the on MCHI short page.

According to our proprietary algorithm during the last five trading days there were 4 short days, 1 days with no change but 0 cover days. Over the last ten trading days there were 6 short days, 4 days with no change but 0 cover days. The last twenty trading days there were 7 short day, 8 days with no change but 5 cover days.


iShares MSCI China ETF (NASDAQ: MCHI) 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 MCHI Short Squeeze.


iShares MSCI China ETF (NASDAQ: MCHI) Short Squeeze Data

Twenty Day trading Totals

Total Shorted Volume6,868,780
Total Actual Volume73,552,648
Total Volume Discrepancy56,845,802

Short Trends

Cover Days5
Short Days7
No Change Days8

Averages

Average Volume Discrepancy2,842,290
Average Short Volume343,439
Average Short Percentage45%

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.


iShares MSCI China ETF (NASDAQ: MCHI) Chart


Disclaimer

This article is for the purposes of solicitation subscriptions for Squeeze Report. The company Squeeze Report expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. Squeeze Report or it’s authors do not own any shares of iShares MSCI China ETF (NASDAQ: MCHI) and does not buy, sell, or trade any shares of MCHI. This article does not provide a professional analysis of a (MCHI) financial position. (MCHI) financial position and all other information regarding the featured Company should be verified directly with (MCHI). Please read our full disclaimer for more detailed information.