Short sellers are making bold new bets. Hertz saw the biggest move among popular names this week. Its SI % of Free Float jumped to 70.8%, up 11 percentage points in just seven days. Availability sits at exactly zero. Borrowing new shares is virtually impossible.
Space was another hot target. Space Exploration Technologies Corp. saw SI leap from 3.7% to 26.6% — a 23-point swing in one week. Piper Sandler's bullish space sector note put ASTS and Rocket Lab in the spotlight, but short interest in ASTS actually fell 1.8 points to 23.9%.
On the other side, Wolfspeed saw a sharp short squeeze signal. SI dropped from 103.8% to 78.1% — a 25-point collapse in a week. Chewy shorts also retreated, falling 7.5 points to 68.6%.
Lucid remains heavily shorted at 38.3%. A news headline flagged the collapse of its first 2x single-stock ETF after a 50% selloff. Short interest barely moved — down just 0.4 points.
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.
