Short sellers have been unusually active this week. Spectrum Brands saw its short interest jump 9.1 percentage points in seven days. SI now stands at 22.3% of free float.
HighPeak Energy is another standout mover. Bears added 8 points of short interest, pushing SI to 42.5% of FF. Oil market uncertainty and the Iran conflict headline risk appear to be driving bearish bets in smaller energy names.
Klaviyo saw a sharp 6.6-point rise to 20.1% SI in just one week. The marketing software firm has been in focus on social platforms amid earnings season volatility in tech.
On the squeeze watch side, Wolfspeed saw shorts actually cover — SI fell nearly 11 points to 72.8% of FF. Still highly shorted, but the covering is notable.
NVIDIA reported a blowout quarter after hours, popping 4.7%. Its SI sits at just 1.2% of FF. Bears have largely abandoned that trade. Arm Holdings is in the news too, with SI at 12.7% and trending upward this week.
1-800-Flowers remains one of the most shorted US names at 75.4% of FF — though bears trimmed slightly. Groupon stays heavily shorted at 68%.
Prison operator CoreCivic saw a 5.5-point SI surge this week to 15.4%, likely reflecting policy uncertainty ahead of midterms.
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.
