Short sellers made bold moves this week. Hertz saw the biggest jump among mid-cap names. Its short interest as a % of free float hit 48.4% — up 11 points in just seven days. Availability of shares to borrow is effectively zero. That signals shorts are heavily committed with no easy exit.
Wolfspeed remains one of the most extreme bets on the board. SI % FF now stands at 114.9%, climbing another 11 points over the week. The silicon carbide chipmaker is battling bankruptcy concerns. Borrowing costs sit near 10% APR.
AI darling CoreWeave is drawing fresh short attention. SI % FF rose 7.4 points to 28.4%. Despite a $38 billion market cap, bears are piling in. High availability (316%) means plenty of stock is still available to borrow — shorts have room to grow.
Super Micro Computer edged up to 17% SI % FF, a 3-point weekly rise. Internal AI concerns at Meta and a scrapped data centre by Blackstone's QTS added noise to the AI infrastructure trade.
On the meme side, GameStop remains flat at 13.7%. No squeeze catalyst has emerged. Robinhood jumped 3% after unveiling AI agents — but shorts barely moved, sitting at just 5%.
This note is for informational purposes only and is 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.
