Short sellers got busy this week. SPCX (Space Exploration Technologies) saw the most dramatic move — SI % of free float rocketed from 3.65% to 26.63% in just seven days. That's a +23 percentage point jump. Bears are clearly betting against the SpaceX listing despite its $1 trillion market cap.
HTZ (Hertz) is now one of the most shorted names on the market. SI hit 70.8% of free float, up from 59.7% a week ago. Availability is zero — there are no shares left to borrow. That combination often precedes a squeeze.
TNGX (Tango Therapeutics) sits at 69.6% SI % FF, up +16 points in a week. Cost to borrow is only 0.56% — unusually cheap for such a high short position.
On the squeeze side, WOLF (Wolfspeed) saw shorts cover hard. SI dropped from 103.8% to 78.1% — a 25-point fall in one week. The semiconductor name has been a perennial short favourite.
GOOGL (Alphabet) is in the news after reports of Google Gemini delays sent the stock lower. Short interest remains low at just 1.5% of float. Bears haven't moved in yet — but Gemini headlines could change that.
DKNG (DraftKings) is dealing with a lawsuit after a Philadelphia subpoena. SI sits at 8.7% of float with availability above 1,170% — shorts have plenty of room to build positions if the legal news escalates.
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.
