Short sellers are piling into beaten-up consumer names. Hertz leads the charge, with SI % of FF hitting 84.6% — up nearly 10 points in just seven days. That's one of the biggest weekly jumps among large-cap stocks.
Chewy isn't far behind. Its SI % FF climbed to 82.4%, up from 72.4% a week ago. Short sellers added over 10 points of float in a single week. With a $9.5B market cap, that's serious conviction from the bears.
The rental car trade is heating up. Avis Budget Group saw its SI % FF rise to 36.2%, up from 29.1% last week. Hertz and Avis together signal broad bearish pressure on the car rental sector.
Groupon also jumped — SI % FF hit 74.3%, up 8.6 points in a week. The stock has rallied 96% over three months. Bears appear to be fading that run hard.
Sable Offshore caught attention too. SI jumped 11 points to 43.7%. The stock has been volatile amid ongoing operational news.
On the squeeze side, short interest collapsed sharply at Ocado Group. SI % FF dropped from 21.6% to just 3.7% in a week. Remy Cointreau also saw a major unwind — down 18.5 points. Bears are clearly exiting European consumer names.
Lucky Strike Entertainment carries the highest days-to-cover at 47 days, flagging squeeze potential if sentiment shifts.
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.
