Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers made big moves this week. The data shows fresh pressure building on some names while bears rushed to cover others.
DKS — DICK'S Sporting Goods — is the headline story. The stock crashed 31% after an earnings miss and analyst downgrades. Short interest now sits at 10.4% of free float. Bears were quick to bank profits, with SI falling 6.9% in a single day. Telsey Advisory Group cut the stock to Market Perform. Morgan Stanley trimmed its target to $180.
On the other side, new shorts are piling in fast. KVYO — Klaviyo — saw SI jump 6.6 percentage points in seven days. It now sits at 20.1% of free float. SPB — Spectrum Brands — added 9.1 points of short interest this week. That puts it at 22.3% of free float.
CHWY — Chewy — saw the biggest short covering. SI dropped 12.3 points to 48.6% of FF. Bears appear to be capitulating on a stock with strong retail following.
WOLF leads all stocks with 72.8% SI of free float. That figure fell nearly 11 points this week — suggesting short sellers are locking in gains on the beaten-down chipmaker.
EVCM carries the highest short score at 93.6. Its cost to borrow is a punishing 38.3% APR.
LB — LandBridge — is a name to watch. Utilization hit 94.25%, near its 52-week high. Availability of shares to borrow has collapsed to just 6.6%.
This note is for informational purposes only and does not constitute financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
