Short sellers made a notable move into RDDT this week. Reddit's SI % FF jumped to 18.1% — up 4.6 percentage points in just seven days. That's one of the sharpest weekly rises among mid- and large-cap US stocks. Bears are betting the social media company's recent rally has gone too far.
SMCI is also in focus. Super Micro Computer's board cleared management in an export probe, sending headlines flying. Its SI % FF sits at 16.3%, with availability still comfortable at 139% — meaning shorts aren't squeezed yet.
On the other side, SPCX (SpaceX) saw the biggest SI drop this week. Short interest fell nearly 5 percentage points to 18.6%, suggesting bears are rapidly covering. HTZ also saw short covering. Hertz dropped from 80.2% to 76.2% SI % FF — still very high, but the direction has shifted.
WOLF (Wolfspeed) remains the most-shorted name among recognisable stocks. At SI % FF with 7.3 days to cover, the semiconductor firm remains a key bearish focus amid ongoing losses.
Crypto names are live again. RIOT is gaining as Bitcoin crosses $72,000. With elevated short interest in many crypto-adjacent names, a continued BTC rally could force rapid short covering.
GALT tops the short score rankings. Galectin Therapeutics carries a short score of 89.6 and SI % FF of 69% — yet its stock is up 66% in three months, a painful squeeze for bears.
This 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.
