Short sellers are active across two clear themes today. WOLF (Wolfspeed) remains the most extreme case — SI % of Free Float tops 103% with zero shares left to borrow. In AI, SharonAI Holdings (SHAZ) saw a stunning 41-point jump in short interest this week, hitting 54.5% of free float. Cerebras Systems also climbed 6.8 points to 32.4%. Bears are rotating hard into AI names. Auto rental stocks CAR and HTZ remain deeply shorted at 48.2% and 43.3% respectively, as EV fleet costs keep pressure on both names.
Applied Materials executives filed over $80M in combined sales this week. CEO Gary Dickerson alone sold $38M across June 15–16. saw Silver Lake Group file $103M in sales. Dell's General Counsel added another $8.2M. The cluster of selling across two major tech names is notable heading into a busy earnings period.
Ubisoft shares are in focus after a founder of the Assassin's Creed maker was killed in a plane crash in western France. The news hit markets during European trading hours today.
Micron is the headline reporter this week, dropping results Tuesday. Options markets show heavy call activity — ORTEX scores Micron at 91.0 overall. FedEx and Carnival both report Monday. Analysts trimmed targets on Accenture and lululemon today, while Take-Two drew fresh bullish support on GTA 6 optimism.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
