Bears Pile Into Avis, AI and Car Stocks

Short sellers got busy last week. SharonAI Holdings saw the biggest jump. Its SI % of FF rocketed from 11.9% to 33.2% in just seven days. That is a 21-point spike. Availability sits at just 4.9% of SI, signaling very tight borrow.

Avis Budget Group remains one of the most shorted large caps. SI % FF now stands at 47.5%, up 7 points over the week. Shares to borrow are still available at 54% of SI — but bears are adding fast.

Grindr is another mover. SI jumped nearly 6 points to 22.5%. Borrow is cheap at 50 basis points. That makes it easy to add more short exposure.

Cerebras Systems tells a different story. The AI chip firm sits at 31.6% SI with zero availability. Bears are stuck. That is a squeeze setup worth watching.

On the cover side, Chewy saw shorts trim by 1.7 points. SI still stands at 69.3% — the highest of any major US stock. But the direction is shifting.

Meme favourites are quiet. GME sits at 12.5% SI. TSLA is flat at 2.8%. COIN dipped slightly to 11.3% despite fresh analyst Buy reiterations today.

Netflix is in focus after denying acquisition interest in Lionsgate. SI is steady at 2.4%.