Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Bearish sentiment is rising in pockets of the market. CHWY tops the watch list with short interest at 72.4% of free float — one of the highest readings in the US market. Bears have piled in, according to ORTEX data. The cost to borrow sits at 0.39%, signalling plenty of supply for new shorts.
CRWV is another name drawing attention. Short interest stands at 31.5% of FF on the AI cloud infrastructure play. Availability of shares to borrow runs at 221% of SI — bears can still add. The stock's $38.7bn market cap makes it a meaningful short for institutional players.
GME remains in focus. Short interest holds at 13.9% of FF with availability tight at just 76%. That squeeze dynamic keeps options premiums elevated and sentiment volatile.
On the macro side, DAL faces pressure from fuel costs. Monthly fuel spending for US airlines topped $6bn again in May — up 84% year-on-year. Delta's short interest is modest at 3.5%, but call positioning may be vulnerable to further cost surprises.
BAC and the broader bank sector head into a heavy earnings week. Short interest on BAC is just 1.4%. Options traders are likely positioned for volatility around results. HON also appears on the bearish radar with SI at 6.5% of FF and availability running at 1,892% — plenty of room for shorts to grow.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
