Short sellers are making bold moves this week. Hertz now has 84% of its free float sold short — up nearly 11 points in just seven days. Zero shares remain available to borrow. That signals extreme bearish positioning with almost no room to add more.
Eversource Energy is the biggest mover of the week. Shorts jumped 22% ahead of its Q2 earnings print. The utility giant carries a $28bn market cap. Bears are clearly betting the numbers disappoint.
Wolfspeed remains deeply shorted at 79% of free float. The chip maker has surged 162% over three months. Yet shorts are not covering — a classic high-conviction standoff.
The Financial Times flagged a broader trend: hedge funds are raising bets against US-backed critical minerals companies. That aligns with rising short interest across several clean-energy names.
Chewy sits at 75.5% shorted. Short interest rose nearly 6 points this week. Bears appear unconvinced by any near-term recovery in pet retail spending.
Lucky Strike Entertainment stands out for its 47-day days-to-cover reading. That is the highest among mid-cap US names. Any positive news could trigger a sharp squeeze.
Groupon hit 74% SI % of FF. Short interest climbed nearly 9 points over the past week. Bears continue to press the struggling e-commerce platform.
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.
