Short sellers are making bold moves this week. The data reveals major shifts in positioning across some of the market's most-watched names.
WDAY saw the sharpest squeeze signal of the day. Short interest plummeted 20.8% in a single session to just 8.41% of float. Bears are covering fast ahead of Workday's earnings report. The stock's borrow cost remains low at 0.52% APR — covering is cheap and painless.
SPCX (SpaceX) tells the opposite story. Short interest climbed 6.5 percentage points in just one week to 25% of free float. That is a meaningful build. SpaceX is one of the most actively talked-about names online right now, making this a high-conviction short.
SPB also drew fresh bears. Spectrum Brands saw SI jump 9.1 points to 22.3% of float. The stock has shed ground over recent months. Shorts are pressing the move.
NYT joined the squeeze camp. Short interest fell 25% in a week to 6.8% of float. Sellers are unwinding as the stock recovers.
FLWS remains a structural short favourite. 1-800-Flowers carries 76% short interest as a percentage of free float. Days to cover stands at 29. Any good news could ignite a sharp squeeze.
WOLF holds 78% SI % FF. The semiconductor name has fallen 66% over three months. Shorts are not letting go yet.
This note is for informational purposes only. 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.
