Bears Circle Five9, GME Shorts Creep Back

Short sellers made fresh moves this week. Data as of August 4 shows clear winners and losers among the bears.

Five9 saw the sharpest rise in a mid-cap name. Short interest jumped to 15% of free float, up from 11.3% just seven days ago. That's a 3.7 percentage point swing in a week. The cloud contact-center firm has been under pressure. Bears appear to be adding conviction.

GameStop is back on the radar. Short interest climbed to 14.8% from 12.9% a week prior. Retail traders who follow the stock on social forums will note bears are nibbling again after months of relative quiet.

Wolfspeed sits at 77% SI % FF — one of the highest readings among larger names. Shorts are actually trimming there, down 3.5 points week-over-week. With cost to borrow near 5%, that's a slow bleed for short sellers staying in.

EverCommerce tops the short score table for $1B+ names at 95.9. Availability stands at just 0.7% of short interest — almost no shares left to borrow. Cost to borrow hit 56% APR. That's expensive pressure on any new short.

Hertz and Chewy both saw slight short covering, with SI dipping 2 points each. Neither is out of the woods — both still sit above 78% SI % FF.

On the covering side, Wix.com saw shorts drop nearly 3.3 points to 24.8%, suggesting some bears are stepping aside.

This is not financial advice.