Short sellers are making bold moves this week. RDDT saw its short interest jump to 17.4% of free float, up from 13.8% just seven days ago — a 3.6 percentage point surge. Bears appear skeptical of Reddit's lofty $22B valuation as user-growth momentum slows.
The nuclear energy trade is drawing intense attention. NNE — NANO Nuclear Energy — hit 100% utilization with availability collapsing to just 0.54%. That means shares are nearly impossible to borrow. SI sits at 34.1% of FF. A short squeeze could be brewing.
WOLF remains one of the most extreme bets on Wall Street. Wolfspeed's SI reached 78.3% of FF — nearly the entire free float is sold short. The semiconductor firm has shed 65% over three months.
TSAT — Telesat Corporation — climbed to 56.7% SI of FF, up 4.8 points in a week. Satellite sector skeptics continue piling in.
Hyperliquid Strategies, ticker PURR, had the biggest weekly jump among mid-caps. SI rose nearly to 27.2%. The crypto-linked strategy fund is drawing heavy bearish interest.
ZM beat earnings expectations but guided Q3 slightly below consensus. Bears may use the soft outlook as fresh ammunition.
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.