Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Bears are pressing their bets across multiple names today. RDDT short interest hit 18.1% of free float — up 4.6 percentage points in a week. Options flow backs up that bearish view. NVDA and META both drew heavy put activity. Meta's RSI has dropped to 37, and the stock is down 17.3% year-to-date. MP Materials is the sharpest squeeze risk. Utilisation is at 100%. Available shares to borrow stand at just 1.1% of short interest. Shorts have almost nowhere to run.
Bloomberg reported today that Anthropic is set to add C Citigroup as a top bank on its mega-listing. The AI firm — backed by AMZN Amazon and GOOGL Alphabet — is shaping up as one of the biggest IPOs in years. Investor appetite for AI exposure remains intense.
Insiders filed heavy sales at two US industrials on August 18-19. Six IRDM executives sold a combined $18M on a single day. At PH Parker-Hannifin, seven insiders filed sales totalling more than $12M. Both clusters hit at similar prices — pointing to planned sell programmes.
Analysts raised targets on DE Deere & Company and NDSN Nordson today. FT Markets flagged US government debt topping $40 trillion and the Treasury moving to boost long-term bond purchases. Grain prices also surged on fresh concerns about Black Sea export disruptions — a theme worth watching for DE and agricultural names. European equities continue to outperform on a cash-generation and earnings basis.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
