Bears are on the move. Three high-profile names saw short interest jump sharply in the week to July 9.
CoreWeave led the charge among notable names. Short interest hit 33.1% of free float. That's up 4.8 percentage points in just seven days. The AI cloud stock has been a social media favourite. Skeptics are clearly growing louder.
Chewy sits at a brutal 74.8% short. Bears added another 4.4 points this week. The pet retailer remains one of the most-shorted mid-caps in the US.
Wolfspeed is in extreme territory. Short interest now sits at 103.1% of free float — up 4.5 points on the week. The chipmaker is under intense pressure, and borrowing costs are elevated at 8.3% APR.
Grindr is a new entrant worth watching. SI jumped 4 points to 17.3%. That's a fast move for a social platform stock.
On the squeeze side, Hinge Health saw short interest drop 4.1 points to 14%. Bears are covering there. CrowdStrike saw a sharp two-point drop in shorts to just 0.9% — bulls winning that battle.
Tesla and NVIDIA remain lightly shorted at under 3% and 1.3% respectively. Despite social media noise, big money isn't betting against either.
GameStop sits at 13.6%. Shorts dipped slightly, keeping squeeze watchers on alert.
This is 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.
