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 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. Content is informational only and does not constitute investment advice.