Bears Circle Chewy, Lucid, and Enphase

Short sellers are on the move this week. CHWY (Chewy) tops the momentum table — its SI % of free float hit 77.7%, jumping 13.8 percentage points in just seven days. That is one of the sharpest weekly builds among mid-cap US names.

LCID (Lucid Group) is not far behind. SI climbed to 49.7% of float, up 14.4pp on the week. Shares available to borrow have nearly dried up — availability sits at just 0.4% of short interest.

Solar name ENPH (Enphase Energy) drew ORTEX attention this morning. Short interest surged 22% in one week to 17.9% of float, the highest since early August. Shares borrowed jumped to 23.4 million.

WOLF (Wolfspeed) remains a favourite bear target. SI stands at 83% of free float, up 7.7pp this week. Zero shares are available to borrow — a potential squeeze trigger if sentiment shifts.

Elon Musk headlines are lifting buzz around NVDA (NVIDIA). Musk said he is "highly confident" that SpaceX will put NVIDIA AI computers in orbit in 2027. That narrative kept options activity elevated.

EVCM (EverCommerce) carries the highest short score in our screen at 94, with cost to borrow near 38% APR. Bears are paying a high price to stay short.

Data: ORTEX, as of 10 September 2026. Not financial advice.