Short Volatility Alert: Shin-etsu Chemical
Portfolio Pulse from Christopher Sappo
Shares of Shin-etsu Chemical (OTC:SHECY) experienced volatile short activity on Friday, resulting in a stock price increase of 0.67% to $15.87. The overall sentiment for SHECY is bearish, with a strong sell recommendation based on the securities lending volatility indicator.

June 05, 2023 | 1:38 pm
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Shin-etsu Chemical's stock experienced volatile short activity, resulting in a 0.67% price increase. The overall sentiment is bearish, with a strong sell recommendation.
The securities lending volatility indicator, produced by Tidal Markets in partnership with Benzinga Insights, detected unusual short activity in Shin-etsu Chemical's stock. This activity is considered an upstream indicator of what is likely to occur downstream in the regular stock market. The overall sentiment for SHECY is bearish, and the strong sell recommendation is based on the strength of the signal trending, current volatility, and volatility percentage change.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100