Bears Pile Into Avis; Chewy Stays Supremely Shorted

Short sellers turned aggressively bearish on CAR this week. Avis Budget Group's SI % of Free Float jumped to 47.5% from 40.4% in just seven days — a 7-point spike. That makes it one of the biggest single-week moves among large-cap names.

AI newcomer SHAZ saw the sharpest jump overall. SharonAI's SI % FF leapt from 11.9% to 33.2% in a week. That's a 21-point surge, suggesting heavy skepticism around its recent debut.

CBRS, Cerebras Systems, also drew fresh shorts. Its SI % FF rose to 31.6% from 27.7%. Cost to borrow is still low at ~1.1%, meaning the trade is relatively cheap to put on.

On the squeeze side, CHWY remains the standout. Chewy sits at 69.3% SI % FF — persistently extreme. Bears tried to cover last week, trimming from 71%, but conviction remains high.

Among social favourites, LCID holds 33.9% SI % FF with a cost to borrow of 16.4% — the priciest borrow in the group. RIVN sits at 18.1%, while GME holds 12.5%.

TSLA and NVDA remain lightly shorted at 2.8% and 1.3% respectively — bears have little appetite for mega-cap tech right now.