Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers made fresh moves this week. Reddit and Charter Communications led the charge among notable names seeing rising bearish bets.
Reddit's SI % of free float climbed to 17.6% from 13.5% in just seven days — a 4.1 percentage point jump. That's a sharp move for a $22B social media company. Bears appear unconvinced by the platform's recent growth narrative.
Charter's shorts are even heavier. SI hit 32.4% of FF, up 2.9 points week-on-week. The cable giant faces cord-cutting pressure, and short sellers are not backing off.
In the extreme-short camp, Wolfspeed remains a standout. SI sits at 83.4% of FF with zero shares left available to borrow. The beaten-down semiconductor stock has shed 63% over three months. Bears are locked in — and there's no more room to add.
Hertz is another squeeze candidate to watch. SI of 62.5% of FF and zero borrow availability signal a crowded trade.
Lucky Strike Entertainment carries the highest short score in the screen at 94.6 with a cost to borrow at 30.5% APR — short sellers are paying heavily to hold that position.
Wolfspeed's 7-day SI change data was not available but its borrow market is completely dry, underscoring the pressure building from both sides.
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.
