Short sellers are shifting positions this week. The moves are revealing.
LCID stands out. Lucid Group's short interest climbed to 38.1% of free float, up from 35.7% a week ago. The cost to borrow is an eye-watering 229.7% APR. Bears are paying a steep price to maintain that bet.
SOUN remains one of the most squeezable names in the market. SoundHound AI sits at 41.6% SI % FF with near-zero availability. Any positive catalyst could ignite a violent short squeeze.
On the other side, bears are retreating from CHWY. Chewy's SI % FF fell from 67.3% to 63.3% over the week. That's still extremely high. But the direction has shifted. Availability is vast at 784% — plenty of room for more covering.
RDDT saw a notable unwind too. Reddit's short interest dropped from 12.3% to 11.5% FF in seven days. Bears are losing conviction on the social media platform.
Meanwhile, WOLF remains deeply shorted at , down slightly from 83.2%. Wolfspeed continues to attract heavy bearish interest.
Among meme favourites, GME is flat at 13.7%. TSLA and NVDA remain lightly shorted at 3% and 1.3% respectively.
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.
