Short sellers made bold moves this week. Wolfspeed leads the pack with SI at 130% of free float. That jumped nearly 27 points in seven days. Availability hit zero — no shares left to borrow. That is a dangerous setup for bulls and bears alike.
Lucid Group is another hot target. SI climbed 7 points to 39% of free float. The cost to borrow surged to 78% APR. Availability sits at just 0.1%. Short sellers are paying heavily to hold these bets.
Frontier Group saw its short interest rise 8.6 points to 42%. The budget airline faces persistent bearish pressure. Unlike Lucid, borrowing is cheap at 0.55% — shorts have room to stay.
Credit Acceptance Corp caught fresh attention. SI jumped 8.6 points to 22.5% of free float. The auto lender faces macro headwinds as US consumer stress builds.
Restaurant Brands International was a surprise. SI hit 14.8%, up 8.2 points in a week. That is unusual for a $25B fast-food operator owning Burger King and Tim Hortons.
On the other side, GameStop remains in focus. SI holds at 13.7% after the company forecast EBITDA above $600M and confirmed its eBay acquisition push. Shorts have not flinched yet — but GME bulls are watching closely.
Avis Budget saw the biggest short covering of the week. SI fell 8 points to 40%. Bears appear to be reducing risk heading into the end of Q2.
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.
