Short sellers shifted positions sharply in the week to August 18. The moves spanned social-media darlings, beaten-down semiconductors, and retailers bracing for earnings.
RDDT saw one of the most notable large-cap jumps. Short interest climbed to 17.9% of free float, up from 13.7% just seven days earlier — a 4.2 percentage point surge. Bears appear skeptical of Reddit's lofty valuation as the stock trades near all-time highs.
The opposite happened at ANF. Short interest fell 27% in a single week to 3.3 million shares. Shorts are covering fast ahead of Abercrombie's August 26 earnings date. SI now sits at just 8.3% of free float.
WOLF remains the most-shorted sizable US stock. Wolfspeed's SI hit 86.5% of free float with zero shares available to borrow. The semiconductor firm has shed 47% in three months. Bears see no floor.
CHWY carries 65.9% SI of free float. Chewy has plenty of borrowable shares available — at 489% of SI — suggesting more shorts could yet pile in.
Scorpion Capital published a short report today on (Twist Bioscience). The activist short seller declared a short position. Watch for volatility.
FAMI (Farmmi) saw a jaw-dropping SI spike — from 2% to 129% of free float in one week. Micro-cap short attacks like this rarely end quietly.
This note is for informational purposes only and is 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.