Bears are positioning aggressively ahead of this week's earnings. Chewy carries the most extreme short interest in the group — 52.3% of free float. That figure rose from 47.7% just one week ago. Short sellers added to positions across five straight sessions. Wix.com also saw a sharp move, with SI jumping 6.2 percentage points to 17.8% in a single week. Lululemon is another bear target. SI stands at 10.2% of free float. The stock is down 51.6% year-to-date and its RSI has fallen to 31.8 — deeply oversold.
Thursday is the week's focal point. Oracle reports Q1 FY2027 results on September 10. Analysts see 52% upside to current prices. Short interest is minimal. Adobe follows the same day with Q3 2026 numbers. Investors will watch AI-tool monetisation closely. Despite the earnings pressure, options sentiment is broadly bearish across consumer names this week.
Upgrades landed on two S&P 500 heavyweights. Autodesk and Moody's both received raised ratings. Moody's now has 18 buy-side recommendations. Robinhood saw its average analyst target nudge to $125. Its market cap has grown to $96 billion.
In Hong Kong, insiders at Xinyi Glass Holdings filed $7.3M in open-market purchases this week. The chairman, CEO, and vice chairman all bought shares on September 2 and 3. Three senior figures buying simultaneously is a rare signal. Canadian lender EQB also attracted insider accumulation, with majority shareholder Loblaw building a position worth over $5.7M.
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.
