Short sellers are making moves as Q2 earnings season begins. Hertz leads the pack with SI jumping to 59.2% of free float — up nearly 11 percentage points in just seven days. Bears smell trouble at the rental car giant.
CoreWeave is drawing fresh attention too. SI hit 28.4% of FF, rising 4.8pp over the week. The AI infrastructure play has become a prime short target even as the sector stays hot.
SoundHound AI remains one of the most shorted small-caps at 40.6% of FF, though shorts trimmed slightly. Cost to borrow sits at 11.8%, signalling high demand to stay short.
Among micro-caps, Nuwellis saw the biggest relative spike. SI exploded to 216% of FF — up from 78% a week ago — with CTB at 35.3%. A short squeeze could ignite fast if the float is squeezed further.
GameStop sits steady at 13.8% of FF with little change. The meme era is quiet for now. Tesla shorts barely moved, holding at just 2.9% of FF — low by any measure.
Nike shorts edged down slightly to 5%, ahead of its Q2 test with analysts closely watching recovery prospects.
Data as of July 2, 2026. Not financial advice.
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.
