Short sellers moved decisively this week. Reddit saw the biggest notable jump among liquid names. Its SI % FF rose to 17.6% from 13.5% in just seven days — a 4.2 percentage-point swing. Bears appear unconvinced by recent AI-driven ad revenue optimism.
Bath & Body Works is another new mover. SI % FF climbed to 10.8%, up 2.7 points week-on-week. The retailer faces margin pressure and weak consumer spending signals.
Wolfspeed remains the most shorted name of size, with 79.9% of free float sold short. Availability has hit zero — no shares left to borrow. That said, shorts did trim slightly, down 2.9 points from 82.8% last week. With the stock off 63% over three months, bears have largely won this trade.
Wix.com saw the sharpest short covering in the period. SI fell 3.7 points to 18.7%. Cerebras Systems also saw meaningful covering, dropping from 14.1% to 10.5% as AI chip sentiment stays volatile.
Groupon carries 73% SI % FF with a 29-day DTC — a classic squeeze setup. Chip stocks broadly slid Monday as the Nasdaq fell 200 points. Names like AMD and Micron are back in focus. Short sellers are watching carefully.
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.
