Short sellers have been busy this week. ORTEX data through August 4 shows notable moves across several names, with a few stocks drawing fresh bearish bets and others seeing bears retreat.
Five9 saw the most striking build among mid-caps. Short interest jumped to 15.0% of free float, up from 11.3% just a week ago — a gain of nearly 3.7 percentage points. Bears appear to be pressing the cloud contact-centre software firm hard.
Solid Biosciences also attracted new shorts. SI hit 40.1% of FF, up 8.2 points over the week. Cost to borrow remains modest at 0.5%, suggesting supply is still available.
Chewy stays under heavy pressure with 78.4% SI of free float. Availability is ample at 458%, so bears can still add. Hertz is equally crowded at 82.0% SI, with zero shares available to borrow — a classic squeeze setup.
tops the short score rankings. Its CTB has surged to , signalling intense demand to borrow.
Wolfspeed is seeing some short covering. SI fell ~3.5 points to 77.1% FF over the week, though the stock remains deeply shorted and has no borrowable shares left.
Wix.com shorts trimmed positions too, with SI dropping to 24.8% from 28.0%.
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.
