Short sellers made a bold move into SPCX this week. Short interest in Space Exploration Technologies jumped from 3.65% to 26.07% of free float — a 22-point surge in just seven days. That is one of the biggest single-week moves on record for a stock of its size. The $1 trillion company now has more than a quarter of its float shorted.
TNGX (Tango Therapeutics) also saw heavy shorting. SI hit 68.4% of free float, up 14 points from 53.9% a week ago.
UAA (Under Armour) added 5.3 points to reach 31.6%. Bears keep piling in on the struggling sportswear brand.
On the flip side, WOLF (Wolfspeed) saw a rare short squeeze signal. SI dropped nearly 20 points to 79.2%. Availability sits at zero, meaning no shares are left to borrow. With short interest still sky-high, any positive catalyst could trigger a violent squeeze.
PYPL grabbed social media attention after Reuters reported a $53 billion buyout offer from Stripe and Advent. Short interest sits at 6.2% — modest but worth watching if the deal talk heats up.
GME remains quietly shorted at 13.6%, holding steady as meme crowd interest fades.
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.
