CHA SqueezeTrigger Price is $52.41. There is $1,787,522 That Short Sellers Still Need To Cover.
November 8, 2016 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net is monitoring China Telecom Corp Ltd (NYSE:CHA) in real time and just received an alert that CHA is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 34100 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $52.41. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net .
From August 2009 to October 2016, an aggregate amount of 71224883 shares of CHA have been shorted for a total dollar value of $3703693916. The CHA SqueezeTrigger price of $52.41 is the volume weighted average price that all shorts are short in shares of CHA. There is still approximately $1,787,522 of potential short covering in shares of CHA.
Buyins.net has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger Price for each stock that has been shorted. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of short squeeze events. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at http://www.buyins.net .
China Telecom Corp Ltd (NYSE:CHA) - China Telecom Corporation Limited, together with its subsidiaries, provides wireline and mobile telecommunications services primarily in the People's Republic of China. It offers wireline voice services, including local wireline telephone services and long distance wireline services; CDMA mobile voice services, such as local calls, domestic and international long distance calls, intra-provincial roaming, and inter-provincial roaming and international roaming; wireline Internet access services comprising dial-up and broadband services; wireless Internet access services; and wireline, Internet, and mobile value-added services. The company also provides Best Tone information services; and information technology-based integrated solutions, such as system integration, outsourcing, special advisory, information application, knowledge services, and software development services. In addition, it offers managed data services that include digital data network, frame relay, and asynchronous transfer mode services for government agencies, large corporations, and institutions; and leased line services, as well as sells, repairs, and maintains customer-end equipment. Further, the company provides international telecommunications services, including lease of network equipment, International Internet access and transit, and Internet data centre services in various countries of the Asia Pacific, Europe, Africa, South America, and North America regions; and music production and related information, instant messenger, and e-commerce services, as well as sells telecommunications terminals and calling cards. As of December 31, 2015, it had approximately 134 million wireline access lines in service; 113 million wireline broadband subscribers; and 198 million mobile subscribers. The company was incorporated in 2002 and is based in Beijing, the People's Republic of China. China Telecom Corporation Limited is a subsidiary of China Telecommunications Corporation..
The SqueezeTrigger database of billions of short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data. Total Short Interest is the number of shares shorted but not yet covered, and is different from total short volume. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net
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