Bears Pile Into Wolfspeed, Exit Salesforce
Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish
Short sellers made bold moves this week. Wolfspeed saw its short interest hit 104.7% of free float — up nearly 16 points in seven days. Availability has collapsed to zero. Borrowing more shares is nearly impossible. The semiconductor firm remains one of the most heavily shorted stocks in the US market.
Cerebras Systems also drew fresh bear attention. Short interest climbed to 37.5% of float, up 5 points in a week. With zero shares available to borrow, short pressure is intense on the AI chip hopeful.
On the other side, shorts are covering at Salesforce. SI dropped 2.2 points to just 4.5% of float. Over 1,000% availability suggests bears have plenty of room to exit further. Analysts are increasingly bullish on the software giant.
GameStop still draws attention on social platforms. Short interest sits at 13.7% of float — down slightly on the week. No squeeze catalyst has emerged yet.
Meme-era darling NVIDIA meanwhile stays lightly shorted at just 1.25% of float. News that its banned AI chips are doubling in price on China's black market kept it trending online today.
Data as of June 22, 2026. Not financial advice.
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How this article was generated
- Generated
- 24 Jun 2026, 08:06
- Prompt version
- v1.0
- Data sources
- Short interestCost to borrowUtilization
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.