Short sellers are making bold moves this week. CHWY leads the charge with SI hitting 75.4% of free float — up 5.6 percentage points in just seven days. Bears remain unimpressed by the pet retailer despite its mid-cap status.
AI infrastructure darling CRWV is drawing fresh shorts too. Its SI climbed to 32.7%, up nearly 4 points week-on-week. Skeptics are betting the $37B market cap company still has too much hype to justify.
Stealth mover CHRN posted the biggest weekly SI jump — up 10 points to 42%. Cost to borrow has spiked to 30.4% APR, signalling intense bearish conviction.
WOLF (Wolfspeed) remains the most extreme case on the board. SI sits above 116% of free float, with a CTB of 8.7%. That level of short crowding is a classic squeeze setup.
On the other side, LCID shorts are retreating. SI fell nearly 2 points to 38.6%, though CTB remains punishing at 36.7% APR — covering is expensive. CAR (Avis Budget) also saw short sellers exit, down 3 points to 36.2%.
Macro noise — US-Iran tensions and South Korean tech selling — is adding fuel to the volatility backdrop. Bears are picking their spots carefully.
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.
