Bears Pile Into Rental Cars and Pet Retail

Short sellers are turning aggressive on two beaten-down sectors. Hertz Global Holdings and Chewy lead the week's biggest SI moves.

HTZ now sits at 84.6% SI of free float. That jumped nearly 10 percentage points in just seven days. Availability is zero — there are no shares left to borrow. Short sellers are fully committed.

CHWY tells a similar story. SI hit 82.4% of free float, up 10 points week-on-week. Cost to borrow remains cheap at 0.5%, so more pressure could build.

The car rental trade is widening. Avis Budget Group also saw SI climb 7 points to 36.2%. Bears appear to be sector-positioning against the entire rental fleet industry.

Wolfspeed remains a semis standout with 78% SI. Zero availability signals an extremely crowded short. Cost to borrow sits at 5%.

On the other side, shorts are covering fast. CoreWeave saw SI fall 7.6 points to 21%. The AI infrastructure name has clearly squeezed some bears out. e.l.f. Beauty dropped 8.3 points to 11.7% — a notable squeeze in the consumer space.

Groupon sits at 74.3% SI, up 8.6 points. With near-zero availability and a stock up 96% in three months, it is a classic squeeze setup.

This is not financial advice.