Short sellers are moving fast. Data from ORTEX as of August 3 shows some sharp week-on-week shifts worth watching.
RZLV tops the cost-to-borrow chart. RZLV (Rezolve AI) now carries a 158% borrow rate. That's an 818% spike in just one week. Short interest sits at 18.4% of free float. Availability is thin at just 24%. Bears are paying a steep price to stay short here.
IREN keeps drawing more short sellers. The crypto miner's SI hit 33% of float, up 2.2 points in seven days. Availability has collapsed to just 1.3% of short interest — borrow is almost gone.
SLDB saw the biggest weekly SI jump. Solid Biosciences added 7.9 points in one week. SI now stands at 39.6% of float. Despite the surge, borrow remains cheap at 0.6%.
CHWY stays in the crosshairs. Chewy's SI holds at 81.3% of free float. Borrow costs are low at 0.4%, but the float is heavily tied up by shorts. Any positive catalyst could spark a violent squeeze.
TQQQ borrow tightens. Utilisation on the leveraged Nasdaq ETF hit 94.76% — near its 52-week high — signalling tight conditions for short sellers betting against tech momentum.
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.