Short sellers made bold new bets this week. SPCX — Space Exploration Technologies — saw the biggest move. Its SI % FF jumped from 3.7% to 27.6% in just seven days. That is a +23.9 percentage point surge. Bears are clearly nervous ahead of potential news flow.
Energy names are also under fire. OVV shorts jumped 34% in a week, per ORTEX data. The oil producer heads into Q2 earnings with bears pressing hard. The Hormuz closure backdrop is adding fuel. BKV Corporation saw SI climb 7.1 points to 25.8% of free float.
TNGX remains one of the most shorted names in biotech. Short interest sits at 59.5% of free float. That is an extreme reading. Borrow availability is 499%, meaning shares are still findable — but any positive catalyst could trigger a squeeze.
RXT Rackspace continues to attract bears. SI hit 26.3%, up 7.2 points this week. Cost to borrow is 3.3% APR.
Meanwhile, social favourites are stable. GME stays at 13.7% with almost no change. shorts barely moved, sitting at just 3%. shows zero borrow availability — a potential squeeze setup worth watching.
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.
