Short sellers are making bold new bets this week — while scrambling to cover on others. ORTEX data through August 13 shows sharp moves in both directions.
Wolfspeed bears dig deeper. WOLF now sits at a massive 85.2% SI % FF. That's up from 78.3% just one week ago — a 6.9 percentage point jump. Zero availability of shares to borrow makes fresh short entries nearly impossible. The semiconductor firm has fallen 49% over three months.
Biotech in the crosshairs. REPL (Replimune) saw SI % FF leap from 27.4% to 37.8% in seven days — the biggest weekly jump among mid-caps. CCCC (C4 Therapeutics) surged 43% in short interest in a week. ORTEX flagged this as a top news event today, noting CCCC hit its highest short level in recent months amid biotech volatility.
CoreCivic suddenly in focus. CXW short interest jumped from 2.3% to 10.0% in a week. The private prison operator rarely sees such swift moves. Availability remains high at 265%, so bears still have room to push.
saw SI % FF tumble from 78.7% to 66.4% — a 12.3 point drop in seven days. Short sellers are retreating fast. That's one of the biggest weekly covers among liquid stocks.
ASAN (Asana) also saw heavy covering, falling from 38.9% to 30.3%, while MNDY dropped from 20.9% to 14.2%.
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.
