Bears Pile Into Chewy, Wix, and Wolfspeed

Short sellers made sharp moves this week. Three names stand out — and none of them are the usual suspects.

CHWY is the standout mover. Short interest hit 52.3% of free float, up from 47.6% just seven days ago. That's a 4.6 percentage point jump in a single week. Bears are circling hard, and options traders are piling into puts on the pet-supplies retailer. ORTEX news flagged the name multiple times today.

WIX shorts surged too. SI climbed from 11.5% to 17.8% of free float — a 6.2 pp increase, the biggest weekly rise among US stocks above $500M in market cap. Availability sits at just 104% of SI, meaning borrow is thinning fast.

WOLF remains a bear favourite. Wolfspeed's SI stands at 75.3% of free float. Availability has hit zero — there are no shares left to borrow. The semiconductor maker has shed nearly 60% in three months.

Tenable Holdings also saw SI jump 4.4 pp to 13.5% this week. The cybersecurity firm attracted fresh short attention alongside ORTEX news linking it to analyst pressure.

On the mega-cap side, shorts remain light. NVDA SI sits at just 1.2% of free float. A $342M insider Nvidia sale drew attention today, but bears are not building positions in size.

This is not financial advice.