Short sellers turned aggressively bearish this week on two very different names. HTZ saw its short interest hit 70.8% of free float — up 11 points in just seven days. Availability of shares to borrow has fallen to zero. That is a warning signal for anyone still holding the stock.
SpaceX's recently listed vehicle SPCX jumped from 3.7% to 26.6% SI % FF in one week. The $1 trillion market cap company now faces a wall of short sellers. Cost to borrow remains low at 2%, so bears can pile in cheaply.
Biotech TNGX sits at 59% SI % FF, up nearly 14 points on the week. With availability at 540%, lenders are not yet running dry.
On the other side, WOLF saw shorts flee sharply. SI fell from 104% to 78% — a massive 26-point drop. CHWY also squeezed, dropping from 76% to 68.6%. GRPN fell from 72% to .
Meanwhile, global AI selling rattled markets today. SoftBank fell 11% in a broad tech sell-off. SOUN holds at 41.6% SI % FF, largely unchanged. TSLA shorts remain modest at 3%.
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.
