Bears Pile Into Wolfspeed and Cerebras

Short sellers made bold moves this week. Two names stand out above the noise.

WOLF — Wolfspeed — saw its SI % of Free Float jump +16.5 percentage points in seven days. It now sits at a staggering 117% of free float. Availability has hit zero. Bears are fully committed to this struggling SiC chipmaker, and there are no shares left to borrow.

AI chip startup CBRS — Cerebras Systems — is also drawing heavy fire. Short interest climbed to 37.8% of FF, up 6 points on the week. The stock is closely watched on social platforms amid ongoing buzz around AI infrastructure valuations.

CACC — Credit Acceptance — saw a sharp 5.4-point rise to 19.8% of FF, flagging renewed bearish concern in auto lending.

QSR — Restaurant Brands — jumped 4.6 points to 11.6% of FF, despite still having 385% availability, suggesting room for more shorting.

On the squeeze side, SHAZ saw a dramatic 31-point drop in short interest. Bears covered hard.

Among social favourites, GME stays elevated at 13.6% of FF. SMCI holds at 13.8%. TSLA and NVDA remain lightly shorted at 2.9% and 1.2% respectively — bulls still dominate both.

This is not financial advice.