Short sellers made a dramatic move into SPCX this week. Short Interest as a % of Free Float jumped from 3.7% to 27.6% in just seven days. That is a +23.9 percentage point swing — one of the sharpest weekly moves in the market. SpaceX carries a near-$1 trillion market cap, making this a significant bet.
WOLF tells the opposite story. Wolfspeed's SI % FF dropped 24.6 points to 78.5%. Shares to borrow have run dry — availability sits at exactly 0%. Bears are covering rather than adding, and cost to borrow remains elevated at 7.9% APR.
UAA caught fresh selling pressure. Under Armour's SI % FF rose to 32%, up 5.4 points on the week. The sportswear brand has been fighting margin headwinds, and shorts are not backing off.
FOXA is another new entrant on the bears' radar. Fox Corporation's short interest climbed to 21.1%, up 5.5 points. Availability is ample at 246% — meaning more selling could come.
On the squeeze side, CHWY saw shorts cut exposure by 8.4 points to 66.5%. Availability is enormous at 642% — plenty of room for more covering. sits at 13.7% SI % FF, while holds at 19.2%, still a notable bearish overhang for the AI server maker.
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.
