With US Independence Day falling on a Saturday, markets stay open all week. Two names dominate the earnings calendar. Delta Air Lines and PepsiCo are the marquee reporters. Both print results next week, with investors watching for consumer spending signals. Delta carries just 3.5% SI % of FF. PepsiCo sits at 2.2%. Neither stock is a major short target, but options traders are positioning ahead of both prints. Also reporting: Levi Strauss & Co. on Tuesday and WD-40 Company on Wednesday.
Hertz remains the most extreme short in focus. SI % of FF hit 59.2%, up 11 points in one week. Zero share availability means new short positions are nearly impossible to open. CoreWeave is drawing fresh interest too. Bears added nearly 5 points last week, pushing SI to 28.4% of FF. Meanwhile, handed shorts a painful 34% weekly rally. With just 5.2% SI % of FF, few bears were positioned to weather that move.
Executive selling was heavy into July. NVIDIA Director Mark Stevens filed $186M in sales. Alibaba President J. Michael Evans sold nearly $65.8M worth of shares. Applied Materials CEO Gary Dickerson unloaded $35.2M. The pattern is consistent: C-suite leaders are using elevated share prices to trim exposure.
Against the selling tide, Grenke CEO kept accumulating shares in the German leasing firm — even as its short score crept higher. That combination of insider buying and rising bearish interest makes Grenke one of the more closely watched European names this week.
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.
