Short sellers are making bold moves. CHWY now has 51.5% of its free float short — up 5 points in a week. WOLF is even more extreme at 75% short, with zero shares left to borrow. A squeeze there could be sharp. On the other side, NKE bears fled ahead of Tuesday's earnings. Short interest fell 72% in seven days to just 0.36% of float. GME saw a 39% SI drop in the same window. Earnings events are clearly driving cover decisions.
ADSK earned a Buy-equivalent rating today. The consensus target sits at $315.37. MCO also received an upgrade, with the average target moving to $561.90. saw its target edge up to $193.88. All three names carry relatively light short interest. Bears are not fighting these upgrades.
LLOY is the standout European story. Short interest surged 81% in one week to 5.1 million shares. Cost to borrow spiked to 1.62% — up more than 10,000% in a week. That is a dramatic build in bearish pressure on the UK bank. Separately, ARGX founder Timothy Van Hauwermeiren filed a $21.1 million discretionary sale. He sold 20,000 shares at roughly $1,056 each on September 3. No 10b5-1 plan was flagged.
ORCL and RH report Thursday after the close. KR follows on Friday. Oracle's cloud and AI demand numbers will be the week's biggest earnings read.
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.
