Bears Circle Lucid, Chewy, and Wolfspeed

Short sellers turned aggressive this week. LCID saw the sharpest move among mid-caps. Short interest jumped 14.5 percentage points in seven days. It now sits at 50.3% of free float. Availability of shares to borrow has nearly vanished — just 0.8% of SI — signalling borrow is extremely tight.

CHWY is also drawing heat. SI hit 75% of free float, up nearly 11 points in the week. Shares to borrow remain plentiful at 460% of SI, so more short selling could still come.

WOLF has zero availability. Bears can't add. Yet SI already stands at 83.6% of FF — up 6 points this week. With DTC near 10 days and no borrow, a squeeze trigger would hit hard.

Among the highest-short-score names, FABC stands out. Its cost to borrow is a brutal 236%. Short score reads 89 out of 100. That CTB level signals intense demand to short and almost no room to add.

On the news front, a Tesla Q2 earnings call transcript circulated this morning. TSLA SI remains low at 2.6% of FF — bears have backed off. Solar names drew fresh shorts too. ARRY rose 6 points to 27.3% SI this week. MWH doubled from 7.1% to 13.4%.

This note is for informational purposes only and does not constitute financial advice.