Bears Swarm Chewy and Hertz as TSLA Short ETFs Surge

Short sellers intensified bets across several names this week. Chewy saw the biggest weekly jump — SI % of free float leapt to 80.4%, up from 66.2% just seven days ago. That's a 14-point swing. Bears show no sign of backing off the pet retailer.

Hertz is close behind. SI hit 84.1% of float, up 7.5 points week-on-week. With zero shares available to borrow against current short positions, the squeeze risk is real.

Wolfspeed remains the most extreme name on the board. SI stands at 80.6% of float with no availability at all — meaning existing shorts are locked in.

Lucky Strike Entertainment carries the highest short score at 96, with 47 days to cover and a cost to borrow of 28%. Bears are heavily committed and exit would be costly.

On social platforms, Tesla dominated chatter Tuesday. An anti-Tesla ETF is up 75%+ in July, reflecting a rough stretch for the stock. Yet formal SI on TSLA is just 2.5% — the bear trade is playing out through derivatives, not direct shorting.

Sable Offshore also caught attention — SI jumped nearly 12 points to 44.5% in one week, one of the sharpest moves in the mid-cap space.