Bears Pile Into Chewy and Wolfspeed

Short sellers are actively building positions in a handful of high-profile names. Data as of September 2, 2026 shows clear movers worth watching.

CHWY is the week's standout mover. Short interest jumped 4.5 percentage points in seven days. It now sits at 50.75% of free float. That's a punishing level for the pet retailer. Bears show no sign of backing off.

TENB is also drawing attention. Short interest rose from 9.1% to 13.6% of free float in one week. The timing is notable. Tenable just announced an AI collaboration with OpenAI. Bears appear unconvinced by the headline deal.

Semiconductor wreck WOLF remains a bear magnet. SI hit 76.3% of free float, up another 2.7 points this week. The stock has lost 57% in three months. Cost to borrow sits at 2.6%.

FOXA quietly joined the most-active shorting list. Fox Corporation's SI climbed to 26.7%. That's up 2.6 points in seven days with no obvious single catalyst.

On the meme side, GME saw SI nudge up to 15.7%. TSLA and NVDA remain lightly shorted at 2.5% and 1.2% respectively — bears are not testing those giants right now.

HTZ stays deeply shorted at 62.5% of free float with zero shares available to borrow — a potential squeeze candidate if sentiment shifts.