Bears Pile Into Chips, Budget Flights, Burgers

Short sellers had a busy week. Wolfspeed leads the action — SI % FF hit 130%, up 27 points in seven days. Zero shares are available to borrow. Cost to borrow sits at 8.7%. The chipmaker is deeply distressed, and bears are pressing hard.

Budget airline Frontier Group saw SI % FF jump to 42%, up 8.6 points. Rival Lucid Group climbed to 39%, a 7-point rise. Both names carry heavy short loads with no sign of relief.

Restaurant Brands International — owner of Burger King and Tim Hortons — saw SI % FF more than double, rising from 6.6% to 14.8% in a week. That is a sharp move for a large-cap consumer name and worth watching closely.

Entertainment stock Dave & Buster's sits at 45% SI % FF, up 7 points. Bears see trouble in discretionary spending.

AST SpaceMobile edged up to 25%. The satellite-to-phone stock remains popular on social platforms despite growing short interest.

Nike reports earnings this week. SI % FF is modest at 5%, but rose 1.2 points. All eyes on Thursday's print.