Short sellers ramped up positions across several names this week. SPCX — SpaceX's listed entity — saw the biggest move among large-caps. SI % of Free Float jumped 3.6 points to 36.4% in just seven days. Borrow costs sit at 10.1% APR with near-zero availability, making new shorts expensive to open.
MGM Resorts drew fresh short interest too. SI % FF rose 2 points to 13%, a notable build for a $11B casino giant. Availability remains ample at 926%, so bears face little friction adding here.
CHWY remains one of the most shorted large consumer names. SI stands at a striking 102% of free float. The pet retailer carries a short score of 59 and 25 analyst coverage — yet borrow costs are just 0.5%, keeping shorts comfortable.
Biotech is crowded too. GALT Galectin Therapeutics carries 76.6% SI % FF with only 20.9% availability — a classic squeeze setup. Its stock is up 64% over three months, piling pressure on bears.
HTZ Hertz sits at with zero shares available to borrow. With earnings season in full swing and bulls broadly winning, any positive catalyst could force rapid short covering across these names.
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.
