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Market Commentary

Bears Target Flying Cars and Wolfspeed

By ORTEX News · Edited by , Editor, ORTEX NewsUpdated 1 min read

Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish

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Short sellers are piling into some of the market's hottest stories. Wolfspeed leads the bearish pack. Its SI % of FF hit 129.9% — up nearly 27 points in a week. That is extraordinary pressure on a semiconductor name.

The eVTOL space is now firmly in the crosshairs. Archer Aviation saw short interest climb 4.4 points to 18.7% of free float. Joby Aviation rose nearly 2 points to 15.2%. Bears are clearly betting against the flying car rollout timeline.

AI infrastructure names are also attracting skeptics. CoreWeave short interest jumped 3.7 points to 23.6%. Nebius Group hit 26.4%, up 3.6 points. IREN climbed to 19.7% of free float. All three pulled back amid the rising pressure.

On the other side, Avis Budget saw shorts cover sharply. SI dropped nearly 8 points to 40.2%. Frontier Group remains heavily shorted at 42.2%, up 8.6 points in seven days.

GameStop sits at 13.7% — effectively flat on the week. No squeeze catalyst visible yet.

This is not financial advice.

Stocks in this article

How this article was generated

Generated
29 Jun 2026, 00:07
Prompt version
v1.0
Data sources
Short interestCost to borrowUtilization

ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.