HTZ is the week's most extreme short setup. Short interest hit 59.2% of free float — up 11 points in seven days. Share availability has collapsed to zero. That means no new shorts can be built. With Q2 earnings approaching, this is a binary trade: an earnings miss could spark a sharp squeeze with no room to borrow.
Airlines are seeing a rare split signal. BMO lifted DAL to $105 and UAL to $157.50. Goldman raised LUV to $35. Yet short sellers haven't moved. UAL sits at 4.65% SI % FF. DAL is at 3.46%. Analysts are bullish. Bears are patient. The next move hinges on Delta's Q2 print on July 10.
Six senior executives at AMAT filed over $167M in combined stock sales. CEO Gary Dickerson alone sold $104M in June. The trades hit at prices near $700–$735. AMAT's short interest is low at 2.82% — the market isn't betting against it. But broad insider selling at these levels is a flag worth watching.
Across the Atlantic, Stefan Persson filed a $172M purchase of HM B shares between June 25 and July 2. That is 10.1 million shares added near multi-year lows. It is the largest insider buy of the week by a wide margin. The move signals strong personal confidence in the Swedish retailer's recovery.
PEP and LEVI both report Wednesday, July 8. CRWV faces its first earnings season as a public company with short interest at 28.4% of FF. Q2 sets the tone for the rest of summer.
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.
