Markets are closed for Independence Day. But short sellers are not resting.
HTZ — Hertz Global Holdings — leads the pack. Short interest hit 59% of free float as of July 2. That's up sharply from 44.5% just three weeks ago. Zero shares are available to borrow. That means new short positions are nearly impossible to open.
CRWV — CoreWeave — tells a different story. Short interest climbed from 16.2% to 28.4% of free float over the past month. That's a 12-point jump in 30 days. Availability sits at 301% of short interest. Plenty of borrow is still on the table. Bears are adding, and they can keep adding.
GME holds steady at 13.8% SI % FF. That's been flat for weeks. No squeeze setup is forming here right now.
Looking ahead to next week, DAL and PEP report earnings. DAL's short interest is just 3.5% of free float. Options traders have room to run in either direction. PEP carries similarly light short positioning at 2.2%.
NVDA and TSLA remain heavily owned and lightly shorted. NVDA sits at just 1.3% SI % FF. TSLA is at 2.9%. Both have near-unlimited borrow availability. These are not short-driven trades right now.
The Independence Day holiday compresses activity. But when markets reopen Monday, HTZ's zero-borrow squeeze risk and CRWV's fast-rising short interest will be the names to watch closely.
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.
