Bears Circle Chewy as WIX Shorts Surge

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.