Bears Pile Into Lucid, Chewy and Wolfspeed

Short sellers stepped up bets this week on a cluster of familiar battleground names. LCID saw the sharpest jump, with SI % of FF rising 14.4 points in seven days to 49.7%. Availability sits at just 0.4% of SI — shares to borrow are almost gone.

CHWY is also drawing heavy fire. Short interest climbed 11.3 points to 63.6% of free float. Despite the elevated SI, borrowing costs are low at 0.5% — suggesting the trade remains easy to put on.

WOLF (Wolfspeed) carries the highest SI of the trio at 83%. Bears added another 7.7 points over the week. Availability is effectively zero, a signal the squeeze potential is rising fast.

AENT stands out on the short score. Alliance Entertainment scores a 98.4 ORTEX short score with DTC of 26 days and a cost to borrow of 85.5% — one of the priciest borrow rates in the market.

On social media, chip names dominated after an NVDA director dumped $411M in stock. NVDA bears are watching closely. LUCK (Lucky Strike Entertainment) also lands high on the short score table at 94.8, with SI at 17.4% and 35% price decline over three months.

Bears are clearly rotating into consumer and EV names this week.