Bears Pile Into Chewy and Hertz

Short sellers made bold moves last week. CHWY and HTZ led the charge in SI increases among mid-to-large US stocks.

Chewy's short interest jumped to 79.2% of free float — up from 63.3% just one week ago. That's a 15.9 percentage point leap. Bears are betting hard against the online pet retailer.

Hertz wasn't far behind. SI hit 78.6% of FF, up 9.1pp in seven days. The car rental giant remains one of the most heavily shorted names in the US market.

A new entrant caught attention too. Columbia Financial saw SI rocket from 5.3% to 33.8% — a 28-point swing in a week. That's the biggest percentage-point jump in the dataset.

On the covering side, bears retreated from CoreWeave. SI fell nearly 10pp to 19.7%. e.l.f. Beauty and Figma also saw notable covering, down 9.1pp and 8.5pp respectively.

Wolfspeed remains the most-shorted liquid name at 82% of FF. The struggling semiconductor firm carries a short score of 76 and a 7.4-day DTC.

Among social favourites, GME sits at 13.4% SI. C3.ai is at 31.6% — still a heavily watched name. TSLA and NVDA remain lightly shorted at 2.5% and 1.4% respectively, reflecting bullish consensus.

Lucky Strike Entertainment holds an eye-catching 47-day DTC — the highest among liquid US names.