Short sellers moved fast this week. SPCX, the Space Exploration Technologies Corp. trading vehicle, saw SI % of Free Float rocket from 3.7% to 26.3% in just seven days — a 22-point jump. That is one of the biggest single-week moves in the US market right now.
HTZ remains a short-seller favourite. Hertz short interest hit 70.4% of free float, up nearly 11 points in a week. Cost to borrow is 1.32%. Zero shares available to borrow. Bears are locked in.
WOLF tells the opposite story. Wolfspeed shorts covered hard. SI fell from 102.8% to 78.9% — a 24-point drop. Bears bailed despite the stock staying deeply shorted overall.
CHWY also saw covering. Chewy's SI dropped 7.6 points to 67.8%. Availability is unusually high at 591% of SI. More room exists to short, but sellers are backing off.
On the social media radar, TSLA sits at just 3.0% SI. GME is higher at 13.7% but no spike in sight. buzz is building around a reported Stripe acquisition approach — its SI stands at 6.2% and falling.
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.
