Short sellers are making bold moves this week. Two names stand out for very different reasons.
FCEL — FuelCell Energy — saw its short interest jump 20.6% in one week. SI now sits at 37% of float, the highest since late July. Despite the aggressive positioning, cost to borrow remains near rock-bottom at just 0.38%. Bears are piling in cheaply.
WOLF — Wolfspeed — tells a grimmer tale. Short interest stands at 73.3% of free float. Availability has collapsed to virtually zero, meaning new short positions are nearly impossible to establish. The semiconductor firm has lost 57% over the past three months.
TENB — Tenable Holdings — posted one of the week's biggest SI jumps among mid-caps. Short interest rose nearly 5 percentage points in seven days to 13.8% of float. That rapid build in a $4.2bn cybersecurity stock is worth watching.
FLWS — 1-800-Flowers — carries 74% of float short and a punishing 29-day days-to-cover ratio. Any positive catalyst could trigger a violent squeeze.
Elsewhere, REX American Resources saw its cost to borrow spike 184% in a single week to 1.49%, a signal that shares are becoming scarce to borrow and bearish pressure is intensifying behind the scenes.
Short interest data sourced from ORTEX. 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.