Short sellers are circling hard this week. BRVE (Braveheart Bio) sits at an extraordinary 352% short interest as a percentage of free float. That jumped from 191% just seven days ago — a 161 percentage-point surge. No shares are readily available to borrow at any meaningful premium.
WOLF (Wolfspeed) remains one of the most-shorted large names. SI % FF hit 80.7%, though bears trimmed slightly by 2.9 points week-on-week. Zero availability signals extreme crowding.
CHWY (Chewy) carries a hefty 74% SI % FF. Unusually, availability stands at 405% — suggesting short sellers could easily add more. That sets up a watching brief for any squeeze catalyst.
MMED (MiniMed Group) saw SI % FF climb to 42%, up 8.5 points in a week. Cost to borrow has risen to 19.4%. Bears are paying up to stay short.
EVCM (EverCommerce) tops the short-score rankings. Cost to borrow hit 66.6% annually. That is punishing for any position held long-term.
On the other side, M (Macy's) saw shorts retreat 3.4 points to 13.7% — a notable cover in a tough retail environment. WOLF also saw modest short covering despite its high absolute level.
Broader market sentiment remains fragile. The Nasdaq fell over 1% Wednesday as Treasury yields climbed. Fear & Greed remains firmly in "Fear" territory — fertile ground for short sellers to stay active.
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.