Short sellers are making bold bets on AI-linked and distressed names. The data through June 18 reveals some sharp moves.
SharonAI Holdings (SHAZ) posted the most dramatic weekly jump. Short interest leapt from 12.8% to 54.5% of free float in just seven days. Cost to borrow hit 10.4%. Bears are clearly skeptical of the AI branding.
Wolfspeed (WOLF) remains the most heavily shorted large-cap name. Short interest now stands at 103% of free float — up another 8 points week-on-week. Availability has hit zero. There are simply no more shares to borrow.
Cerebras Systems (CBRS) saw shorts climb 6.8 points to 32.4% of FF. The AI chip maker only went public last year. Bears keep piling in.
SoundHound AI (SOUN) carries a 10.5% cost to borrow — the highest among popular AI names. Short interest sits at 37.5% of float.
On the other side, Birkenstock (BIRK) and Frontier Airlines (ULCC) saw short interest drop sharply, falling 3.5 and 2.6 points respectively. Short covering there.
Michael Burry's weekend AI software commentary is drawing attention to names like ADBE and CRWD, worth watching for SI shifts next week.
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.
