Short sellers are making bold moves this week. Three names stand out for very different reasons.
HTZ — Hertz Global Holdings — sits at a jaw-dropping 82.6% SI % FF. Zero shares are available to borrow. That combination — extreme short interest and zero availability — is a classic squeeze setup. The stock has already lost 67% over three months.
CHWY carries 78.7% SI % FF with a $5.5bn market cap. Unlike Hertz, availability is abundant at 392% of SI, meaning shorts face no squeeze pressure for now.
EVCM (EverCommerce) leads all stocks on ORTEX short score at 95.1. Its cost to borrow hit 46.2% APR — a sign that bearish conviction is rising fast. SI % FF stands at 15.1%, still building.
Among US stocks with market caps above $1bn, RNG (RingCentral) saw the sharpest 7-day SI jump. Short interest climbed from 12.2% to 15.1% of free float — a 2.9 percentage point rise.
MGM Resorts also drew fresh short interest. SI moved from 10.8% to 12.7% in a week, even as availability remains massive at 926% of SI.
Globally, Belgian shipping group CMBT saw the most dramatic swing. SI exploded from 0.5% to 23.3% in seven days — a 22.8 percentage point surge. Bears appear to be targeting the shipping sector broadly.
GALT (Galectin Therapeutics) remains the most extreme outlier, with SI at 303% of free float. That number reflects the tiny float rather than a shortfall in logic — still, 24 days to cover makes it a potential fireworks show.
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.