Short sellers made a decisive move against RDDT this week. Reddit's SI % of Free Float jumped from 13.5% to 17.6% — a 4.2 percentage point rise in just seven days. That's one of the biggest weekly increases among large-cap US stocks. With a $22B market cap, the position is substantial.
WOLF tells the other story. Wolfspeed's short interest sits at a punishing 79.9% of free float. But shorts trimmed slightly — down 2.9 points from 82.8% last week. Availability is near zero, meaning new shorts can barely enter. Days to cover stands at over seven days. A squeeze trigger could arrive fast.
BBWI — Bath & Body Works — saw short interest climb 2.7 points to 10.8% of float this week. Bears are clearly betting on continued retail pressure as bond yields stay elevated.
On the short-covering side, WIX saw 3.7 points of short interest exit. HTZ — Hertz — dropped 2.8 points, despite remaining heavily shorted at 61.3%. (Cerebras Systems) also saw covering, falling to 10.5%.
Macro noise is everywhere. Iran sanctions headlines, Treasury bond volatility, and a chip-export probe involving NVDA staff in Taiwan are all keeping markets on edge — fertile ground for short sellers to manoeuvre.
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.
