Short sellers intensified bets on a cluster of high-profile names this week. Data as of July 1 shows some of the sharpest seven-day moves in months.
HTZ topped the movers list. Short interest jumped 11 percentage points to 48.4% of free float. Cost to borrow hit 5.3% APR. Availability of shares to borrow has dropped to zero — a warning sign of extreme positioning.
WOLF is even more extreme. Wolfspeed's SI reached 114.9% of free float, up 11 points on the week. CTB stands at 9.6%. Zero availability remains. Bears are betting hard on the chipmaker's ongoing financial difficulties.
CRWV drew fresh attention too. CoreWeave shorts rose to 28.4% of free float, up 7.4 points in seven days. The AI cloud company has been a social media talking point amid debate over its valuation.
On the other side, CAR saw the biggest short covering. Avis Budget's SI fell 10.4 points to 36.1%. Bears in rental car names appear to be stepping back.
XOMA remains one of the most shorted names on the market at 109% of free float — up 15 points this week alone. Royalty pharma plays continue attracting heavy short attention.
TSLA and GME stayed relatively quiet. Tesla's SI sits at just 3.0% of free float. GameStop holds at 13.7% with CTB near 0.8%.
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.
