SanDisk Relinquishes Storage Short Interest Dominance, SK Hynix Outperforms by Nearly 15 Percentage Points in the Past 7 Days

BlockBeats News, August 25th, according to TradingBeats (formerly Hyperinsight) monitoring, the performance of the storage trio on Hyperliquid in the past 7 days is as follows: SKHX rose from $1180.3 to $1219.6, an increase of about 3.3%; meanwhile, MU dropped from $990.83 to $929.35, a decrease of about 6.2%, and SNDK dropped from $1726.2 to $1526.1, a decrease of about 11.6%.

During the same period, SKHX outperformed SNDK by approximately 14.9 percentage points, and the short-term leader in the storage sector has shifted from SNDK to SKHX.

The change began around August 18th. The SNDK/SKHX ratio hit a low on July 29th at 1.027, then steadily rose to 1.475 on August 18th, representing an increase of about 43.6%. The ratio has since dropped 15.2% from its peak, significantly narrowing the previously accumulated relative advantage.

Since the storage rebound nearly 30 days ago, SNDK remains the strongest performer among the three: SNDK has increased by about 5.1%, MU has decreased by about 0.9%, and SKHX has decreased by about 0.8%.

Micron has also started to catch up with Sandisk. The MU/SNDK ratio has increased by about 6.1% in the past 7 days, but the MU/SKHX ratio has decreased by about 9.2% during the same period. The short-term strength sequence of the storage trio is SKHX, MU, SNDK.