NKE reports Q4 2026 results Monday after the close. It is the marquee event of the week. Options traders are active around the July 2 expiry. Short interest sits at 5.1% of free float. Borrow availability is extremely high at 915% of SI. Bears can still pile in cheaply. STZ and GIS also report Monday. General Mills carries 10% SI % FF — one of the higher readings among large-cap consumer names.
Wolfspeed remains the most extreme short in the market. SI % FF hit 130%, up 27 points in a week. Zero shares are available to borrow. Any positive catalyst could trigger a violent squeeze. Restaurant Brands International saw its SI % FF more than double, from 6.6% to 14.8%. That is a sharp move for a large-cap name. and also saw short interest climb steeply.
Wall Street raised targets on Delta Air Lines and United Airlines Holdings Friday. Delta's consensus target moved to $86.41. Applied Materials got a target boost to $740 from Wells Fargo, maintaining a Buy. SI % FF on AMAT is just 2.7% — bulls are firmly in control there.
ASTS CEO Abel Avellan filed a $147M share sale on June 23. At the same time, John Malone filed over $7.8M in purchases of LILA. An NVDA director also filed a $186M sale. The ASTS CEO exit stands out given surging short interest — bears and sellers are aligned.
EasyJet rejected a £4.9bn takeover offer from US private credit group Castlelake and is now in talks. Oil dropped back below pre-Iran-conflict levels, easing pressure across energy-exposed names.
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.
