Short sellers and options traders are circling the chip sector. MU leads negative options bets over seven days. SNDK — up 560% year-to-date — sits directly behind as a natural put target. NVDA draws the heaviest bullish call flow at the same time. That split tells a clear story: traders are hedging ahead of macro data, not making clean directional bets. ENVX is the most acute squeeze risk. Borrow utilization hit 100% today. Availability collapsed to just 0.51% of short interest — 10% below last week. There is almost no stock left to borrow.
Elon Musk said today that GOOGL and Anthropic both turned to SpaceX for AI compute. The reason: power is tight everywhere else. SPCX built its own power plants to move faster. That context matters for the 6.75-point jump in SPCX short interest this week. Bears moved in early on a name that has now become central to the AI infrastructure story.
MDT reports results today at 6:45am ET. Analysts lifted the consensus target to $100.20. Bears hold just 1.1% of free float — minimal downside positioning. DELL follows after the bell. AI server demand will be the key question on the call.
TRGP holds the most bullish analyst setup right now. All 20 analysts covering the stock rate it a Buy. The consensus target sits at $310.10. Short interest is just 2.4% of free float.
Kenneth Dart filed over $715M in open-market purchases of EVO in late July. The filings hit last week. That is a major accumulation in the live gaming giant. Short interest is just 9.2% of free float — the market is not positioned against him.
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.
