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Short sellers have been busy this week. Data as of August 27 shows some sharp moves across popular names.
Klaviyo saw the biggest surge among mid-caps. SI % of FF jumped nearly 7 percentage points in seven days, hitting 19.9%. ORTEX news flagged bears crowding chips and defense heading into a big earnings week — NVDA, AMD, and MU all feature prominently.
Space Exploration Technologies (SpaceX) is gaining short attention too. SI climbed 5.9 points to 23.9% of free float. The stock's high profile keeps it a target.
Fluence Energy added 4.3 points to reach 28.9% SI. Short sellers are pressing the energy storage name amid sector weakness.
On the squeeze watch, Chewy saw the sharpest short covering. SI dropped 11.4 points to 47.6% in just one week. Bears are retreating fast.
Wolfspeed remains one of the most shorted stocks on the market at 73.7% SI. But even here, 7 points were covered last week — a sign some shorts are booking profits after its brutal -56% three-month slide.
Capricor Therapeutics stands out as a fresh build. SI hit 45.6%, up from 36.4% just seven days ago. With no shares available to borrow at WOLF and only 32% availability at CAPR, squeezes remain a real risk.
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.