Short sellers made bold moves this week. Replimune Group saw the biggest SI jump among mid-caps. Its short interest hit 37% of free float, up 9.3 points in seven days. Bears are clearly sceptical of the cancer therapy biotech.
CoreCivic was another sharp mover. SI surged from 2.3% to over 10% of free float — a near-fourfold jump in a week. The private prison operator is back in bear crosshairs as policy risk grows.
Wolfspeed remains one of the most shorted large stocks in the US. SI stands at 83.2% of free float, up another 4 points this week. The semiconductor firm has lost nearly 50% over three months. Zero shares are available to borrow — it cannot get more crowded.
On the other side, Chewy shorts are retreating fast. SI dropped 14.4 points to 67.2% of FF in seven days. That's a notable covering move in a stock that remains heavily shorted overall. Availability is high at 458% — plenty of room for more covering.
Asana and also saw meaningful short covering. Asana SI fell 8.6 points to . monday.com dropped 7.1 points to . Both software names rallied as chip stocks and tech sentiment stabilised this week.
Data as of 12 August 2026. 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.
