Short sellers are active heading into the weekend. GME is the name turning heads. Short interest jumped from under 1% to 7.2% of free float in a single week. Borrow remains cheap at 0.46%, but the speed of the move will be familiar to anyone who lived through 2021. Meanwhile, SPCX short interest climbed from 21.8% to 29.4%. Bears are pressing against one of the market's most hyped names.
This week closes with a string of important prints. FDX reports its Q1 results down 16% on the year — analysts are still broadly bullish but the stock needs to deliver. CCL reports Tuesday, offering a real-time read on cruise demand. MU is the marquee event. Micron heads into earnings up 276% year-to-date with minimal short interest. Options sentiment leans bullish. , down 43% in 2026, is the other major print — oversold by RSI but analysts see 31% upside. is another name to watch, entering its Q3 report down 14% on the month.
Wall Street trimmed targets on MCD today. The consensus average fell to $300.97 from $306.70. GIS also saw a small cut. On the positive side, WFC received an upgrade, with its consensus target edging toward $100.37.
An UBER executive filed today disclosing a sizeable share sale. Across in Asia, Shenzhou International Chairman Ma Jianrong spent over $51M buying 2313 shares across four consecutive sessions — one of the more committed insider buying clusters seen recently.
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.
