Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers made fresh moves this week. TENB (Tenable Holdings) saw the biggest short interest jump among mid-cap US names. SI climbed to 13.8% of free float, up from 9.1% just seven days ago — a 4.7 percentage point surge. Bears appear unconvinced by the cybersecurity firm's recent momentum.
WOLF (Wolfspeed) remains one of the most shorted names on US markets. SI sits at 73.3% of free float. Availability is near zero, meaning borrowing shares is almost impossible. The chipmaker has dropped 57% in three months. No relief in sight for bulls.
EVCM (EverCommerce) leads on short score among $1B+ stocks. It carries a 94.5 ORTEX short score with a cost to borrow of 36.4% APR — a sign lenders see serious squeeze risk. Days to cover hits 20.4 — a very crowded trade.
On the unwind side, SPB (Spectrum Brands) saw short interest drop 3.8 points to 18.5% FF. ANF (Abercrombie & Fitch) shed 2.1 points to 7.3% — shorts are retreating there.
GTLB (GitLab) is in the news today. William Blair flipped from Underperform to Market Perform after a 31% monthly rally. SI sits at 11% of free float, with availability very high — little short conviction remains. AMC also grabbed headlines as Macquarie raised its target to $3, though short interest remains modest at 4.9% FF.
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.
