Short sellers are piling hardest into electric vehicle names. LCID short interest hit 50.1% of free float this week — up 14.6 points in seven days. HTZ sits at 67.2% short interest after falling 63% over three months. The pattern repeats across the beaten-down EV and mobility space. RIVN also appears on bearish options flow screens. Meanwhile, CHWY tops the raw short interest table at 72.6% of free float, with zero borrow availability signalling a completely locked-up trade.
Uber President and COO Andrew MacDonald bought $5.3M of UBER shares on September 4. The filing hit ORTEX on September 8. It was a discretionary open-market purchase with no 10b5-1 plan attached. That makes it a stronger signal than most insider activity seen recently.
Scotiabank trimmed price targets across six US REITs on Thursday. MAA took the biggest cut — down to $125 from $134. UDR, INVH, FRT, ESS, and BXP all received lower targets. The sweep reflects rising caution on real estate valuations as rate expectations shift.
This week's earnings calendar stretches across the Atlantic. Kingfisher and JD Sports Fashion are set to report in the UK. Both names face a tough consumer backdrop. In the US, AutoZone and KB Home headline Wednesday's packed schedule — key reads on consumer spending and housing demand.
Ultragenyx Pharmaceutical jumped after hours Thursday. Options flow on large-caps like FedEx, Mondelez, and Centene turned 100% bullish — a sharp contrast to the bearish pressure dominating the EV sector.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
