Bears Pile Into Wolfspeed and Hertz
Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish
Short sellers are pressing hard on WOLF. Short interest hit 132% of free float on June 29. That's up from 105% just one week ago. The chipmaker's zero share availability confirms no new borrow exists.
HTZ is another name drawing heavy attention. Short interest jumped from 44.6% to 62.6% of free float in seven days. Bears appear unconvinced by any Hertz recovery story.
AI infrastructure play CRWV also drew fresh shorts. SI climbed from 22% to 29% this week. Yet availability sits at 334% of SI, meaning plenty of borrow still exists.
On the covering side, CAR saw shorts retreat. Avis Budget short interest fell from 46.5% to 39.2% over the week. BIRK saw similar relief, dropping from 28% to 22%.
Bitcoin proxy MSTR remains in focus as social chatter rises. TD Cowen targets Bitcoin at $100,000 by year-end. SI stands at 12% of free float with 214% availability — bears are not crowded here.
WaterBridge Infrastructure WBI posted the biggest single-week SI jump overall, surging from 52% to 87%. That move warrants watching closely into the week ahead.
Stocks in this article
How this article was generated
- Generated
- 30 Jun 2026, 16:10
- 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.