Short sellers turned aggressive on rental car and chip stocks this week. HTZ saw its short interest jump 11 percentage points in seven days. It now sits at 48.4% of free float. Availability has dropped to zero — shares to borrow are essentially gone.
WOLF is even more extreme. Short interest hit 114.9% of free float, up 11 points in a week. The silicon carbide chipmaker carries a cost to borrow of 9.6%. Bears clearly see more pain ahead.
XOMA topped the weekly risers. SI jumped 15 points to reach 109% of float. PLAY — Dave & Buster's — added 8 points to hit 46%.
On the squeeze side, CAR — Avis Budget — saw short interest fall 10 points to 36.1%. ALIT shed nearly 10 points to just 0.35%. A rapid short cover.
Social media darlings stayed relatively quiet. held at 13.7% of float, barely changed. sits at just 3%, despite Q2 deliveries jumping 25% — bulls clearly in control there.
COIN crept up to 12.2%. Crypto-linked names are attracting modest short interest as markets reassess valuations.
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.
