Short sellers piled into several high-profile names this week. The moves align with broader bearish market signals after the S&P 500 and Nasdaq fell Wednesday on chip-stock weakness.
CRWV saw its short interest jump 7.4 percentage points in seven days. It now sits at 28.4% of free float. The AI cloud provider trades at a $38bn market cap. Bears are questioning whether its infrastructure growth justifies the valuation.
WOLF remains the most extreme name in the market. Short interest hit 114.9% of free float. Share availability is effectively zero. Cost to borrow is 9.6% APR. The chip maker's lenders have nothing left to lend — a classic squeeze setup.
XPEV is another squeeze candidate. Short utilization hit 93%. Only 10.9% of shares remain available to borrow. FCEL shorts are also pressing — short interest climbed 41% in a week to 16.8% of float. Bears are betting against a recent rally.
HNGE stands out among newer names. The digital health IPO now carries 18.5% short interest. That is double the level from just seven days ago.
ULCC at 41.6% short interest continues to attract bearish bets. AAL short interest stands at 9.1%. BMO raised its target on American Airlines to $19.50 on Thursday, a contrast to the short pressure building across the sector.
This article is for informational purposes only. Not financial advice.
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.