Stories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers found fresh targets this week. Three names stand out with dramatic moves in the last seven days.
SpaceX (SPCX) is the headline story. Short interest jumped from 3.65% to 27.57% of free float — a gain of nearly 24 percentage points in one week. Bears are circling the newly public space stock hard.
HTZ keeps drawing shorts. Hertz now sits at 70.07% SI % FF, up 9.8 points on the week. Availability is essentially zero, meaning the stock is extremely hard to borrow. That's a powder keg for a squeeze.
WOLF saw the biggest unwind. Wolfspeed's short interest dropped 24.8 points to 79%. Bears covered sharply — possibly on restructuring news. SI remains the highest of any name tracked this week.
CHWY shorts are retreating too. Chewy's SI % FF fell 8.4 points to 66.5%, with availability at a massive 642%. That high availability suggests it's still easy to short, but the bears are stepping back.
On the meme side, GME holds at 13.66% SI FF with low borrow cost. TSLA remains lightly shorted at just 3.0%, as bulls dominate the narrative heading into earnings season this week.
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.