Bears Brace for a Big Earnings Week

US Market: Short Sellers Circle Earnings Names

Short sellers are firmly on the offensive heading into one of the busiest earnings weeks of the autumn. CHWY tops the conviction table with 52.3% of free float shorted — bears have added 4.6 percentage points in seven days. Analysts are split ahead of today's results. Options flow skewed negative, and the RSI signals the stock is deeply oversold.

WIX saw the sharpest weekly rise in short interest, up 6.2 percentage points to 17.8% of free float. The company reports earnings this week and bears moved fast. WOLF remains one of the most shorted names in the market at 75.3% of free float. Borrow availability has hit zero, locking out new shorts despite a 48.5% three-month price collapse.

Thursday is the week's focal point. ORCL reports Q1 FY2027 results and ADBE posts Q3 2026 numbers on the same day. Oracle carries 52% analyst upside. Short interest there is low, contrasting sharply with the bearish positioning across consumer names. LULU sits at 10.2% shorted with an RSI of 31.8 — oversold and down 51.6% year-to-date.

Analyst Activity

Analysts upgraded both ADSK and MCO today. Autodesk carries a $315 consensus target. Moody's sits at $562. Neither stock is heavily shorted, suggesting bears are not fighting these upgrades.

International: Insider Buying in Hong Kong

Xinyi Glass Holdings saw $7.3M in open-market purchases this week. The chairman, CEO, and vice chairman all bought shares on September 2 and 3. Three senior executives buying on the same two days is a rare signal. Canadian lender EQB also saw its largest shareholder add over $5.7M in shares across four sessions.