Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
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 and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
