Short sellers turned up the heat on electric vehicle names and high-profile private listings this week, with data as of July 17 revealing some notable moves.
LCID tops the pressure chart. Lucid Group's SI % FF hit 38.1%, up 2.4 points in seven days. The cost to borrow stands at a punishing 229.7% APR, with availability nearly zero at just 0.04% of short interest. That squeeze setup is extreme.
SPCX, the SpaceX public vehicle, sits at 27.9% SI % FF, up 2.7 points on the week. Despite the giant $939B market cap, bears added exposure.
Fintech name DAVE saw short interest climb to 26.3%, up 2.8 points in seven days. Availability is ample at 168%, meaning borrowing is still easy — bears are building freely.
BRUN leads all movers with a +4.5 point jump to 34.5% SI % FF. VSTM also rose sharply to 32.4%.
Among social-media favourites, GME holds steady at 13.7% with almost no change. TSLA sits at just 3.0% — short sellers have largely stepped away. RIVN eased 0.4 points to 14.8%, a rare retreat.
SMCI remains elevated at 19.4%, barely moving week-on-week — bears aren't leaving yet.
This is not financial advice.
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.