Short sellers are on the move. Reddit saw the biggest 7-day jump among large-caps, with SI climbing 4.1 percentage points to 17.6% of free float. Bears are growing louder on the social platform even as the market turns its eyes to this week's Nvidia earnings.
Wolfspeed remains the most shorted name by a wide margin. Its SI sits at 83.4% of FF with zero shares available to borrow — a sign bears are fully committed to the trade. The semiconductor firm has shed 63% over three months.
Charter Communications also drew fresh shorts, gaining 2.9 percentage points over the week to reach 32.4% of FF. Concern over debt levels and cord-cutting pressure continues to dog the stock.
EverCommerce carries the highest short score in the screener at 93.8, with a cost to borrow of 39.2% APR — the steepest in the universe. That signals very limited supply of shares to borrow and high conviction among shorts.
On the squeeze-watch front, is up 201% in three months despite holding 40% SI. is up 99% in the same period with 27% SI — both names could force covering if momentum holds.
NVIDIA reports this week. Any upside surprise could rattle shorts across the AI supply chain.
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.
