Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
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. PYPL 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 and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
