Short sellers are piling in. Two names stand out heading into the US holiday week.
WOLF — Wolfspeed — now has short interest at 114.9% of its free float. That figure rose 25.8 percentage points in just 14 days. Availability of shares to borrow sits at zero. That combination — extreme short interest plus no available stock to borrow — signals heavy bearish pressure with limited room to add more.
HTZ — Hertz — tells a similar story. Short interest climbed to 48.4% of free float, up 13.8 points over the same period. Availability is also at zero. Both stocks feature in ORTEX's latest high-impact headlines under "Bears Pile Into Hertz and Wolfspeed."
Energy names saw target cuts this week. OXY, DVN, COP, and FANG all faced analyst downgrades. Yet short interest in those names barely moved. Bears are not pressing energy — they're focused on distressed balance sheets instead.
AVGO and TSLA saw short interest inch up slightly. Neither move was dramatic. Semis and EV stocks remain less attractive to short sellers right now than struggling consumer names.
The big theme this week: bears are concentrating fire on companies with weak fundamentals and zero borrow availability. That setup often precedes sharp squeezes — but only if a catalyst emerges.
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.
