Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers made their biggest move of the week into SPCX. SpaceX's short interest jumped from 3.65% to 27.57% of free float in just seven days. That's a gain of nearly 24 percentage points. The stock's $993B market cap makes this one of the most notable short builds on record.
HTZ remains a bear magnet. Hertz short interest hit 70.1% of free float, up 9.8 points on the week. Shares to borrow have run dry — availability sits at 0%.
WOLF told a different story. Wolfspeed shorts covered hard, with SI % FF falling from 104% to 79% in a week. That's nearly 25 points of covering. ORTEX news flagged bears retreating on the name.
CHWY also saw covering. Chewy's short interest dropped 8.4 points to 66.5%. Availability is sky-high at 642%, suggesting bears still have plenty of ammo if sentiment shifts.
FOXA and UAA both saw fresh short builds. Fox gained 5.5 points to 21.1%. Under Armour jumped 5.4 points to 32%.
GME stayed flat at 13.7% — the meme crowd hasn't moved the needle yet.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
