Short interest data as of July 15 reveals sharp moves in several names over the past week.
HTZ is the week's biggest mover. Hertz short interest jumped from 59.7% to 70.8% of free float in just seven days. That's a near-straight-line climb from 44% in mid-June. Zero shares are available to borrow. Bears are piling in hard.
SPCX — the publicly traded SpaceX vehicle — saw shorts explode from 3.7% to 26.6% of float in one week. That's a 23-point jump in days. With a $1 trillion market cap and rising short interest, this is one to watch closely.
WOLF tells the opposite story. Wolfspeed short interest fell from 103.8% to 78.1% — a 25-point drop. Bears covered in size. Cost to borrow sits at 8.2%, the highest of the group. Shorts are getting squeezed out.
CHWY remains a crowded short at 68.6% of float. Availability is extremely high at 592% of SI, meaning plenty of stock is still available to borrow. No squeeze pressure yet.
TNGX (Tango Therapeutics) rounds out the risers. SI hit 69.6%, up from 53.3% last week. Biotech shorts continue to build.
The rental car sector bears watching — both Hertz and CAR (Avis Budget) appear in the data, though Avis shorts actually fell 6.5 points this week.
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.
