Short Sellers Pile In — And Back Off

Bears stepped up pressure this week on several high-profile names. The data, current to September 16, reveals sharp moves in both directions.

LCID led the charge. Short interest jumped 14.6 percentage points in a week. SI now stands at 50.1% of free float. Lucid has shed 21% over the past three months, giving shorts plenty of reason to stay in.

HTZ saw its SI climb to 67.2% of FF — up 7.3 points in seven days. Hertz is down 61% over three months. Shares available to borrow have dried up completely, with availability at 0%.

CHWY shorts added another 5.6 points. SI now sits at 72.6% of float despite the stock rising 18% in three months. That divergence is worth watching.

BKV was a surprise mover. SI leaped 10.8 points to 27.5%. The natural gas producer attracted a wave of new bearish bets.

On the other side, GME saw shorts retreat sharply. SI fell 1.4 points to just 0.9% of free float — a shadow of its former meme-stock glory. TSLA short interest remains low at 2.7%, barely changed week-on-week.

EVCM carries the highest ORTEX short score at 93.9, with a cost to borrow of 37.9% and just 9% availability — a squeeze setup worth monitoring.

Data sourced from ORTEX. This is not financial advice.