CHE delivers Q1 results this afternoon with options traders showing rare bullish conviction. Put/call ratio crashed to 0.08, the lowest level in a year, signalling heavy call buying ahead of the print.
Short interest stands at 3.4% of free float, or roughly 483,000 shares.
That marks a 6% decline over the past week. Shorts trimmed positions heading into the earnings announcement. Over the past month, however, short interest climbed 11%, suggesting earlier bearish positioning has been partially unwound in recent sessions.
Days to cover remains light at 1.5 days.
The put/call ratio collapsed to 0.08 on April 23.
That sits nearly four standard deviations below the 20-day average of 0.40. It represents a 52-week low. The extreme reading reflects heavy call volume and minimal put protection. Traders are betting on upside into the print.
No analyst rating changes or target price updates are present in the snapshot. Coverage appears thin.
CHE last reported on February 26, 2026. The stock rallied 2.6% yesterday to close at $382.97.
Over the past month, shares gained 2.6%. The one-week performance was flat, up just 0.02%. Recent price action has been muted, leaving today's move open to interpretation.
No active ORTEX Alpha signals are currently flagged for CHE.
The cost to borrow sits at 0.67%, up 91% over the past month but down 17% this week. Utilisation remains low at 2.8%, well below the 52-week high of 13.7%. Borrow conditions are stable and inexpensive.
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