Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers made sharp moves this week. Wolfspeed saw the biggest cover among larger names. Its SI % FF dropped nearly 11 points in seven days — from 83.7% to 72.8%. Bears are pulling back despite the stock falling 66% over three months. Zero availability means new shorts can't get in easily.
On the other side, Spectrum Brands saw SI jump 9 points to 22.3% in the same period. Short sellers are betting against the consumer goods company as it struggles in a tough retail environment.
Marketing platform Klaviyo is also drawing fresh bearish attention. SI climbed from 13.5% to 20.1% over the week. Availability sits high at 688%, so there's room for more.
Chewy remains the big structural short in consumer e-commerce. SI stands at 48.5%, though it fell 12 points in the past week — a notable cover that could signal a squeeze setup. Availability is abundant at 607%.
NVIDIA stays unthreatened by bears. SI is just 1.2% of FF on a $5.1 trillion market cap. Shares are basically free to borrow. Tesla sits at 2.5% — also light — with Bitcoin surpassing it in market value dominating social chatter this week.
Wolfspeed remains the most heavily shorted large US semiconductor name at 73% of FF. Watch it closely.
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.
