Bears Pile Into Rental Cars and Chewy

Short sellers are on the move. The biggest story this week is the rental car sector, with bears swarming HTZ and CAR.

Hertz now sits at 84.6% SI % FF. That rose nearly 10 points in just seven days. Availability is zero — there are no shares left to borrow. Avis Budget jumped +7.1 points to 36.2% over the same period. Both stocks face earnings pressure and an EV fleet hangover.

Chewy is another mover. SI % FF hit 82.4%, up 10 points in a week. Despite that, availability sits at 367% — shorts can still borrow easily. The stock is down 10% over three months.

Groupon climbed from 65.8% to 74.3% SI % FF this week. Its stock is up 96% in three months — a classic short-squeeze setup worth watching.

WhiteFiber saw the steepest weekly jump of all: +14 points to 53.4% SI % FF. The move was sharp and sudden.

EverCommerce leads on ORTEX short score at 95.7, with 24.4 days to cover and a CTB of 40.3%.

The rental car trade is the most talked-about short right now. Both HTZ and CAR report earnings imminently. Bears appear to be bracing for bad news.