Short sellers ramped up positions this week across several well-known names. CHWY (Chewy) stands out. Its SI % of FF hit 51.2%, up 4.4 percentage points in seven days. With availability sitting at 537% of SI, shares to borrow remain plentiful — shorts are not being squeezed yet.
Trucking giant KNX (Knight-Swift) saw a sharper jump. SI % FF nearly doubled from 6.0% to 10.9% in a week. Bears appear to be betting against the freight sector amid cooling US economic data.
WOLF (Wolfspeed) remains one of the most shorted US names. SI % FF sits at 74.9% and crept up another 3.1 points. Availability is now effectively zero, making new short positions costly to establish. The stock is down 49% over three months.
HTZ (Hertz) holds at 62.4% SI % FF with zero availability. Bears see no let-up in the troubled car-rental firm's woes.
On the short squeeze side, GME (GameStop) showed the biggest SI drop — down 6.1 points to — as shorts covered positions fast. (Braveheart Bio) also saw heavy short covering, falling from 202% to SI % FF.
Prominent short seller Jim Chanos publicly challenged NVDA CEO Jensen Huang on AI chip rental economics, adding fresh scrutiny to the chip giant.
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.
