Bears Pile In — And Some Cover Fast

Short sellers made bold moves this week. Wolfspeed now has 129.9% of its free float shorted. That figure jumped 26.8 percentage points in seven days. Availability is essentially zero. Borrowing is scarce.

Lucid Group tells a similar story. SI % FF hit 39.2%, up 7.1 points on the week. Cost to borrow sits at a punishing 78.9% APR. Bears are paying dearly to hold that position.

Frontier Group saw shorts climb 8.6 points to 42.2% of free float. Airlines are firmly in the crosshairs as fare pressure builds.

Restaurant Brands International also caught fresh short attention. SI rose 8.2 points to 14.8%. That is unusual for a fast-food giant — worth watching.

On the cover side, Avis Budget Group saw shorts retreat nearly 8 points to 40.2%. Still elevated, but the squeeze pressure is easing.

NIKE reports earnings this week. SI sits at 5.1%, with availability over 900%. Bears are not crowded here — but momentum traders are watching the print closely.

Bitcoin hitting a 20-month low below $60,000 adds macro pressure across risk assets. Inflation data surging to a three-year high keeps the rate-cut trade off the table. Short sellers have more tailwinds than usual heading into the weekend.

Data as of June 25, 2026. Not financial advice.