Bears Pile Into Wix, Retreat From GameStop

Short sellers made big moves this week. WIX saw the sharpest rise among mid-cap US stocks. Its short interest jumped 9 percentage points in seven days. SI now sits at 20.6% of free float. That is a near-doubling from 11.6% just a week ago.

Wolfspeed remains a bearish favourite. SI hit 77.2% of free float, up another 4.3pp on the week. Availability has collapsed to zero. That means new short positions are nearly impossible to open — a squeeze setup worth watching.

Chewy also drew fresh shorts. SI climbed to 52.6% from 49%. Bears appear unconvinced by any pet retail recovery. Availability is high at 528%, so plenty of room to add more.

lululemon crept up too. SI rose to 12.7% from 10.8%, a 1.9pp increase. The stock has been on social platforms amid broader consumer discretionary pressure.

The biggest reversal belongs to GameStop. SI fell 11.3pp in a week — from 15.1% down to just 3.8%. Short sellers are clearly covering fast. That unwinding could provide price support, though GME remains a volatile, social-media-driven name.

EverCommerce carries the highest short score among mid-caps at 94, with 20.9 days to cover and availability of just 8.4%. Bears are deeply dug in there.

Oil breaching $100 and rising bond yields are adding macro pressure this week — a backdrop that tends to attract more shorts across rate-sensitive and consumer names.