Bears Circle Replimune, CoreCivic, and Campbell's

Short sellers turned notably more aggressive on several mid-cap names this week. ORTEX data through August 11 shows clear moves that stand out from the usual noise.

REPL saw the sharpest jump among larger names. Short Interest % of Free Float rose to 43.8%, up 8.1 percentage points in just seven days. Replimune is a clinical-stage oncology biotech. Bears are piling in fast.

CXW — CoreCivic, the private prison operator — posted an even more striking relative move. SI % FF surged from 2.4% to 10.2% in a week. That's a 330% jump in bearish positioning. Short sellers appear to have spotted something.

CPB — Campbell's — hit 26% SI % FF, up 4.5 points. Consumer staples shorts are building. Meanwhile, TDC Teradata climbed to 23.5% SI % FF, up 4.5 points, as cloud migration concerns linger.

On the other side, CHWY shorts are retreating. SI % FF fell from 110.9% to 95.6% — still extremely high, but the unwind is underway.

WOLF remains the most shorted mid-cap semiconductor. SI % FF sits at 82.9%, creeping higher still.

Mega-caps stay calm. TSLA SI % FF is just 2.5%. NVDA sits at 1.3%. Bears have little appetite for the big names right now.