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. 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. Content is informational only and does not constitute investment advice.
