Bears Storm MiniMed and Micron Into Earnings

Short sellers made big moves this week. MMED (MiniMed Group) saw its SI % of FF jump from 38.5% to 68.3% in just seven days — a near-30 percentage point spike. The stock has gained 40% over three months. Bears appear to be fighting that rally hard.

MU (Micron Technology) is front-page news too. Bears piled in ahead of the chipmaker's earnings print, though its SI % FF sits at a modest 2.4%. The short interest actually dipped slightly on the latest reading — a possible signal that some bears are already covering.

WOLF (Wolfspeed) remains one of the most heavily shorted names in the market at 80.4% SI % FF. Zero availability makes new shorts almost impossible to open.

CHWY (Chewy) sits at 67.2% SI % FF, down from 75% last week. That's a notable cover — short sellers reduced exposure by roughly 8 percentage points in seven days.

LCID (Lucid Group) ticked higher to 58.0% from 50.7%. Bears are adding. The EV maker's stock is down 31% over three months.

EVCM (EverCommerce) carries the highest short score at 94.4. Its cost to borrow hit 41.6% APR — one of the priciest borrows in the market right now.

Space stocks are drawing attention. SPCX (Space Exploration Technologies) saw SI % FF rise nearly 10 points to 30.6% this week.