Short sellers are busy ahead of a key earnings wave. MU reports this week and bears are watching. SI sits at just 2.4% of free float. But the real action is elsewhere.
SPCX — Space Exploration Technologies — saw SI jump nearly 10 percentage points in seven days. It now stands at 30.6% of free float. That's a sharp move for a $1.2 trillion name. Bears added aggressively. Availability remains comfortable at 159%.
MMED is the week's biggest mover among mid-caps. SI rocketed from 38.5% to 68.3% in one week. That's a 29.8 percentage point jump. Cost to borrow is 18.2% APR. Availability is razor-thin at just 2.3%. Squeeze risk is building.
AFYA also drew fresh short interest. SI climbed from 10.3% to 27.9% — a 17.6 point rise in seven days.
GLOB saw SI rise from 20.6% to 29.4%. Bears are targeting IT services names hard.
On the mega-cap side, NVDA stays lightly shorted at 1.3% despite an ORTEX report that a director unloaded $411M in shares this week.
NKE carries 8.1% SI ahead of earnings. Availability is high at 546%, meaning fresh shorts can easily get in before results drop.
This is not financial advice.
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.