Short sellers made bold moves this week. The biggest jump came from BRVE (Braveheart Bio), where short interest rocketed to 585% of free float — up from 226% just seven days ago. That's a 359-point swing in a week. Cost to borrow sits at 11% APR, signalling real conviction from bears.
MMED (MiniMed Group) saw SI surge from 38.5% to 68.3% of FF in the same period. With CTB at 18%, bears are paying up to hold these positions.
SSMR (Sunshine Silver Mining) is a new entrant to watch. SI leapt from just 2.6% to 27.3% of FF this week — a ten-fold increase. The mining sector is feeling pressure as silver prices face macro headwinds.
SPCX (Space Exploration Technologies) also saw shorts build, with SI climbing to 30.6% of FF from 20.7%. The space sector buzz hasn't stopped bears targeting it.
On the social-media favourites front, GME sits at , at 8.7%, and at just 2.4%. Short pressure on these meme names remains subdued.
NKE ticked up ahead of earnings — SI rose to 8.1% of FF from 6.2% last week. Bears are positioning before results. NVDA shorts held flat at 1.3%, with CTB a negligible 0.22%.
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.