Short sellers made sharp moves this week. Two names stand out for sudden increases in bearish bets.
KVYO saw its Short Interest % of Free Float jump to 20% from 13.2% in just seven days. That's a 6.8 percentage point surge. The marketing software company carries a $2.3B market cap. Bears are clearly repositioning ahead of what could be a catalyst event.
Oil producer HPK climbed to 42.5% SI % FF, up from 33.8% a week ago — an 8.6 point rise. That's the biggest weekly jump among mid-cap US names. SpaceX's listing vehicle SPCX also attracted fresh shorts, rising to 24.3% from 18.6%.
On the squeeze side, CHWY saw shorts retreat sharply. SI % FF dropped from 62.2% to 46.2% in a week. WIX shed nearly 9 points, falling to 11.5%. ELF halved its short interest, falling to 7.1% from 14%.
remains one of the most shorted US stocks. Short interest sits at 75.3% of free float. Days to cover stands at 29. Availability is scarce at just 34% of SI.
RIVN drew attention after its CFO resigned. GTLB also attracted analyst focus with bears retreating into earnings. WOLF eased from 82.6% to 73.7% SI % FF despite still being heavily shorted.
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