Short sellers ramped up positions sharply this week. The biggest movers reveal fresh bearish conviction across tech, energy, and biotech.
KVYO saw the steepest jump among large-caps. Short interest as a % of free float climbed to 19.9% — up nearly 7 percentage points in just seven days. Bears are circling Klaviyo ahead of a key earnings period, with news flagging increased short activity in the name.
SPCX — Space Exploration Technologies — also drew fresh shorts. SI % FF rose 5.9pp to 23.9% this week. It's one of the most-watched names on social platforms right now. Availability sits at 84%, so more shorting room remains.
WOLF remains one of the most heavily shorted names in the market. At 73.7% of free float, Wolfspeed carries extreme bear interest. Availability has collapsed to 0% — no shares left to borrow. A short squeeze could ignite quickly if sentiment shifts.
EVCM carries the highest cost to borrow in the market at 38.2% APR. Its ORTEX short score of 94.5 — the highest tracked — reflects near-maximum bearish pressure.
HPK rounded out the top movers, with SI % FF surging 8.6pp to 42.4%. That's the largest single-week jump among $1B+ US stocks.
With major earnings due next week from names like NVDA and AVGO, short activity across tech is elevated. Bears and bulls are both positioning hard into the event risk.
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.
