Short sellers made notable moves this week. Chewy and Wix.com led the charge in rising short interest, while GameStop saw bears retreat.
Biggest Movers Up
Wix.com saw its SI % of free float jump 6.2 percentage points in seven days. It now sits at 17.8% of FF. Short sellers are growing skeptical about the web-platform firm's near-term outlook.
Chewy remains a major short target. SI hit 52.3% of FF — up 4.6 points in a week. Bears are piling in despite the stock's $5.5B market cap and abundant borrow availability at 544%.
Extreme Shorts
Wolfspeed sits at a staggering 75.3% SI of FF. Zero shares remain available to borrow. Hertz is close behind at 61.7% with availability also at zero — a squeeze setup worth watching.
Bears Covering
GameStop short interest dropped sharply — from 14.7% to 10.3% FF in one week. Short sellers cut exposure by 4.4 percentage points. That's a notable retreat from a perennial meme-stock favourite.
Abercrombie & Fitch also saw covering, with SI falling 2.5 points to 7.7% FF.
Today is Labor Day in the US. Markets are closed. Data as of September 3, 2026.
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.
