Bears Pile Into Car Rentals and Retail

Short sellers turned bearish on rental car stocks this week. Hertz SI % of FF hit 84.6% on July 30 — up nearly 10 points in just seven days. Rival Avis Budget Group also saw shorts climb to 36.2% of FF, a 7-point weekly jump. Both stocks are under heavy pressure from EV fleet costs and weakening consumer travel.

Chewy remains a standout bear target. SI rose to 82.4% of FF, adding over 10 points week-on-week. Short availability sits at a wide 367%, meaning bears can still pile in easily.

Groupon is another name drawing attention. SI stands at 74.3% of FF. Availability is almost gone at just 4% — a squeeze setup worth watching.

On the squeeze side, Rivian stock surged after a Q2 double beat and the start of R2 deliveries. SI sits at 14.9% of FF with ample availability at 212%. Covering pressure could add fuel to any rally.

EverCommerce tops the short score table at 95.7, with 24 days to cover — the highest DTC on the board right now.

This is not financial advice.