Bears Pile In: EVs and Semiconductors Under Fire

Short sellers intensified positions across several high-profile names this week. Lucid Group saw the sharpest move among larger stocks. Its SI % of FF jumped 14.5 points in seven days. It now sits at 50.3% of free float. With availability near zero at just 0.8%, borrowing shares is nearly impossible.

Wolfspeed is also drawing heavy fire. SI hit 83.6% of free float, up 6.3 points in a week. Zero shares are available to borrow. The semiconductor firm has shed 47% over three months. Bears show no sign of retreating.

Chewy climbed to 75% SI % of FF, up nearly 11 points this week. That is a striking build despite the stock rising 12% over three months. Short sellers are betting against the rally.

On the squeeze side, Newsmax saw its SI drop 7.3 points to 15.6%. Avis Budget Group shed nearly 4 points, falling to 32.2%. Both stocks may see continued upward pressure as bears cover.

One macro theme is heating up. Reports of a possible Fed rate hike are circulating. That puts pressure on loss-making growth stocks — exactly where the heaviest shorts are concentrated right now.

Braveheart Bio remains the most extreme case on the board. SI stands at 191.6% of free float, up another 20 points this week. That level of short interest is extraordinarily rare.