Short sellers made a dramatic move on GameStop this week. SI % of free float jumped from 0.9% to 7.2% in just seven days. That's a 6-point surge — one of the biggest weekly moves among large-cap US names right now.
The meme stock community is watching closely. GME has been relatively low-short for months. This sudden build suggests bears smell trouble.
Space Exploration Technologies is another fresh target. SI climbed from 21.8% to 29.4% over the week — nearly 8 points. Bears are positioning against the Musk flagship despite its loyal retail fanbase.
Braveheart Bio holds the most extreme reading of any mid-cap stock. SI hit 367% of free float as of September 23. It stood at 223% just one week prior. That 144-point jump in seven days is extraordinary — and leaves the stock primed for violent short-covering if sentiment shifts.
Wolfspeed remains stubbornly shorted at 80% of float. Availability of shares to borrow is zero. That means new short positions are nearly impossible to open. Days-to-cover stands at 9.7, making any squeeze painful for bears.
1-800-Flowers carries a 79.6% SI reading with availability at just 19%. Days-to-cover: 31. The market is clearly unconvinced that the floral retailer can turn its business around.
Mega-caps look calm by comparison. TSLA, NVDA, and META all saw near-zero SI changes week-on-week. The short action is firmly in mid and small caps right now.
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.
