SPCX, Space Exploration Technologies Corp., saw the sharpest short interest jump of the week. SI % of free float leapt from 3.7% to 26.1% in just seven days — a 22-percentage-point surge. The stock carries a $1 trillion market cap. That makes this one of the largest-cap names with a sudden short build-up in recent memory.
WOLF remains the most shorted large stock on the market. Wolfspeed's SI sits at 79.2% of free float. Shares available to borrow have hit zero. Cost to borrow is 7.7%. Bears have been covering though — SI dropped nearly 20 points over the week.
SOUN is a social media favourite with a painful short overhang. SoundHound AI carries 41.6% SI. Cost to borrow is 12.5%. Zero availability remains. Any sustained rally could squeeze latecomers hard.
UAA is drawing fresh bearish attention. Under Armour's SI climbed from 26.3% to 31.6% this week. The apparel brand continues to struggle with investor confidence.
On the other side, ALIT saw massive short covering. Alight's SI collapsed from 144.6% to 4.7% — a near total unwind of short positions. stays heavily shorted at 68.5% of free float but with 565% availability, borrow is not yet constrained.
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.
