Short sellers are making a decisive move into social media darling RDDT. Reddit's SI % of FF jumped to 17.4% this week — up from 13.8% just seven days ago. That's a 3.6 percentage point climb. The stock is widely discussed on its own platform, making this a compelling self-referential trade to watch.
NVDA dominates news ahead of earnings. Markets expect a $286 billion swing in the stock post-results. Despite the hype, short interest sits at just 1.3% of FF — bears are not pressing the chip giant ahead of its report.
Nuclear stocks are the week's hot topic. NNE surged Tuesday and the broader nuclear sector is up 16% in August. Three names rallied over 30%. Short sellers have so far stayed cautious on the sector.
On the squeeze watch list, WOLF saw its SI % FF drop sharply to 78.3% from 84.2% last week. That's a 5.9 point cover. The semiconductor name remains the most heavily shorted mid-cap in the US market.
PAYC saw a notable SI increase — up 3.2 points to . , 1-800-Flowers, keeps a massive 29-day DTC with SI at , one of the most extreme readings in the market.
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.
