Short sellers are moving fast. Data from August 6 shows some sharp positioning shifts across US equities this week.
SPCX — the listed SpaceX vehicle — saw short interest jump 3.6 points in seven days. SI now sits at 36.4% of free float. That is a significant build for one week.
RNG also drew fresh shorts. RingCentral's SI climbed from 12.3% to 15.1% of FF. That's a 2.9 point rise in seven days. FIVN (Five9) moved similarly, up 2.6 points to 14.1%.
On the extreme end, HTZ remains the most-shorted large name. Hertz sits at a staggering 66% of free float short. Zero shares are available to borrow. The stock is down 62% in three months.
SOUN (SoundHound AI) stays heavily shorted at 43% of FF. Cost to borrow is 12.7% APR. Availability is also zero — a classic short squeeze setup if sentiment flips.
EVCM tops the short score table with a 95 ORTEX score. Cost to borrow hit 46.2% APR. Only 7% availability remains. Bears are fully committed here.
MGM Resorts is a notable mover among large caps. SI rose 2 points to 13.1% this week. Semiconductor shorts also built, per ORTEX news on the SOXX ETF, as tech flows turned negative.
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.
