Short sellers turned aggressive this week. Data as of September 1 shows clear new targets — and a few notable retreats.
Biggest mover: TENB (Tenable Holdings) saw short interest jump 4.7 percentage points in seven days. SI now sits at 13.8% of free float. Shares to borrow remain plentiful at 284% availability, meaning bears are piling in with ease.
EVCM (EverCommerce) tops the short-score leaderboard at 94.5. Cost to borrow is an eye-watering 36.4% APR. Availability has collapsed to just 2% — shorts are nearly locked out of adding more.
The most heavily shorted name remains WOLF (Wolfspeed), with 73.3% of free float sold short. Zero shares available to borrow. The semiconductor maker has lost 57% over three months. Squeeze risk is minimal with no available stock.
GRPN (Groupon) holds 68% SI% FF. Shares to borrow are scarce at just 6% availability.
On the other side, short sellers cut exposure in SPB (Spectrum Brands) by 3.8 points this week. (Viking Holdings) saw SI drop 2.75 points — shorts exiting a name that has stabilised.
SNOW (Snowflake) is grabbing social buzz after its stock popped 23% on AI growth commentary. SI is modest at 5.3% FF with massive availability. Short sellers here are mostly covered.
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.
