Bears Circle: Short Interest Heats Up

Short sellers are making bold moves this week. Hertz Global Holdings leads US names with SI hitting 80.9% of free float — up 2.3 percentage points in seven days. Chewy is not far behind at 81.4% of FF, also climbing over 2 points in a week. Both names are running out of road.

The biggest single-week SI jump belongs to Solid Biosciences, which saw short interest leap 7.6 percentage points to 39.6% of float — a sharp move that will draw squeeze watchers.

EverCommerce carries the highest short score of any $1B+ stock at 95.7. Its cost to borrow sits at a punishing 57.8% APR with only 3.1% availability. Shorting it is expensive and crowded.

Lucid Group remains a social-media favourite. SI sits at 32.9% of FF with a cost to borrow of 63%. Availability is essentially zero at 0.2%. Any positive catalyst could trigger a rapid short-cover.

On the squeeze side, Booking Holdings saw short interest fall 22.7% in a week to 68.9% of FF. Availability surged to 6,275%, signalling bears are backing off ahead of earnings.

Credo Technology is drawing options attention. Bearish positioning is building even as the stock trades near highs — short score is rising despite low absolute SI of just 3.6%.

This note is for informational purposes only and does not constitute financial advice.