Short sellers made notable moves this week. The biggest mover was Space Exploration Technologies (SPCX), where SI % of FF jumped from 3.7% to 27.6% in just seven days. That's a dramatic build. Bears are piling in fast.
TNGX (Tango Therapeutics) already sits at 59.5% SI % FF. It climbed another 15.9 percentage points this week. It's one of the most heavily shorted names in the market right now.
FOXA (Fox Corporation) is drawing more attention from bears. SI % FF rose to 21.1% from 15.6%, a gain of 5.5 points. High-impact news flagged options activity heating up ahead of earnings week.
On the flip side, WOLF (Wolfspeed) saw the biggest short covering. SI % FF fell 24.8 points to 79%. That's still extreme. Availability sits at zero, meaning there are no shares left to borrow.
GME (GameStop) remains a social media favourite. SI % FF holds at 13.7%. A report that GME raised its eBay stake to 10% triggered a fresh PCR spike this week.
CHTR (Charter Communications) heads into earnings with 25.6% of its float shorted. Bears are dug in and bulls have retreated, per ORTEX signals.
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.
