Bears Circle Wolfspeed, Chewy, and Palantir

Short sellers are piling into a handful of US names this week. Here are the standout moves from ORTEX data.

WOLF — Wolfspeed — sits at 117% SI % FF, up from 101% just seven days ago. That 16-point jump is the biggest weekly move among mid-cap US stocks. Zero shares are available to borrow. The cost to borrow stands at 8.3%. Bears clearly see more pain ahead for the struggling chipmaker.

CHWY — Chewy — holds 70.5% SI % FF with barely any change week-on-week. At that level, it remains one of the most shorted large-cap names in the US. Availability is unusually high at 863%, meaning shorts can still add more easily.

On social platforms, PLTR is drawing chatter after news that Michael Burry built a short position. ORTEX data shows SI % FF at just 3.2%, but headlines flagged it as Palantir's "worst meltdown since 2021." The cost to borrow is only 0.33% — bears are cheap to stay in.

SOUN — SoundHound AI — holds 38.6% SI % FF. Cost to borrow is 11.4%, signalling active short conviction. UPST remains elevated at 32.7%.

BYND has the highest cost to borrow in this group at 30.9% — short sellers are paying a steep premium to stay in that trade.