Short sellers made bold moves this week. CoreCivic saw the most dramatic shift. Its SI % of free float jumped from just 2.3% to nearly 10% in seven days. Bears piled in after earnings while insiders sold. That's a +7.6 percentage point leap in one week.
Wolfspeed remains the most shorted mid-cap in the market. Shorts hold 85% of free float. The semiconductor company lost nearly half its value over three months. Availability sits at zero — shorts are dug in with nowhere to borrow more.
Hertz is another bear favourite. 64% of float is short. Cost to borrow runs at 12%, yet bears are holding firm. ORTEX flagged it today: "borrow cost eases, but bears hold 64% float short."
Replimune Group posted the week's biggest biotech SI jump. It rose +10.4 points to 37.8% of float in just seven days.
On the squeeze watch, SoundHound AI carries 40% SI with a cost to borrow above 10%. Any positive catalyst could ignite a sharp reversal.
Lucky Strike Entertainment tops the short score table at 94. Days to cover: 25. Cost to borrow: 22.8%. That's an expensive bet to hold.
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.
