Short sellers are making bold moves this week. ORTEX data through August 10 reveals a cluster of sharp short interest jumps — with some names hitting extreme levels.
XPeng under pressure. XPEV grabbed attention today as utilization hit 100% — its highest in 52 weeks. Availability of shares to borrow collapsed 42% in one week to just 23.2% of short interest. SI sits at 6.3% of free float. Borrowing is becoming scarce fast.
GameStop creeping up. GME short interest rose to 15.7% of free float, up 2 percentage points in just seven days. Cost to borrow remains low at 0.70%, but the building pressure is worth watching.
Hertz fully trapped. HTZ is one of the most heavily shorted names in the market. SI stands at 69.6% of free float. Availability is literally zero — no shares to borrow at all. With a CTB of 10.4%, any short squeeze here could be violent.
MicroVision extremes. MVIS carries a jaw-dropping 197% SI-to-float ratio. The short score sits at 91.6 out of 100. Availability is only 17.9%, and CTB has climbed to 15.7%.
MGM joins the list. MGM Resorts saw SI jump to 13.6% of free float from 11.2% a week ago — a 2.4-point rise. Bears are adding exposure to casino names.
The biggest mover globally this week was Ocado Group, with SI leaping nearly 28 points in seven days. Bears are clearly not resting.
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.
