Bears Retreat on GameStop, Pile Into Wix

GME short interest collapsed this week. SI % of Free Float fell from 15.7% to just 2.7% in seven days — a dramatic 13-point unwind. Bears appear to have cut losses fast. Cost to borrow sits at just 0.53%, signalling the squeeze pressure has eased.

Wix.com tells the opposite story. Short interest jumped 7.5 percentage points in the same period. SI % FF hit 18.2% as of September 9. Availability is tight at just 28% — shorts are crowding in with limited room to manoeuvre.

Chewy remains one of the most shorted large-cap names. SI % FF rose again to 54.9%, up 4 points on the week. Availability is ample at 453%, so borrowing is easy for shorts.

Wolfspeed sits at a staggering 77% SI % FF. The chip maker has shed 45% over three months. Short score stands at 75 — one of the highest-conviction bearish bets in semiconductors.

EverCommerce carries the highest ORTEX short score at 94.5. CTB is elevated at 37.7% APR. That high borrow cost reflects how difficult it is to maintain short positions here.