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The biggest single-stock story today is PYPL. A reported $53 billion joint bid from Stripe and Advent International sent the stock up nearly 15% in premarket. Short interest sits at just 6.2% of free float. Bears are badly exposed. Options activity lit up — call buyers chased the gap while puts bled out.
Netflix reports after the close tomorrow. Subscriber growth and ad-tier momentum are the key metrics to watch. Short interest is a slim 2.5% of float. UnitedHealth Group also reports July 16. The health insurer carries just 2% short interest but has faced sharp headline risk all year. In Europe, and post Q2 numbers tomorrow too.
Hertz remains the most heavily shorted large name. Short interest hit 70.4% of float. Availability has collapsed to zero — no shares left to borrow. PureCycle Technologies also saw its short interest jump 20% in one week to 30.8% of float. Availability dropped to just 4.8%. Allogene Therapeutics was another biotech target, with shorts up 26% in a week to 28.2% of float.
Carlos Slim filed nine sales of PBF Energy shares totalling $98M. Trades ran through July 10. Bessemer Venture Partners also sold $62M of ServiceTitan stock across ten filings. Both exits look deliberate rather than routine.
Goldman Sachs got a target hike to $1,066 after beating Q2 expectations. JP Morgan maintained Neutral but raised its Goldman target to $955. SanDisk drew strong analyst attention, with consensus targets rising to $2,144.
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.