Short sellers made decisive moves this week. Data as of September 25 shows some striking shifts across mid- and large-cap names.
SpaceX betting rises. SPCX short interest climbed to 30.1% of free float, up nearly 10 percentage points in seven days. The $1.2 trillion Elon Musk rocket giant is now one of the most shorted mega-caps in the market. Bears appear unconvinced by the company's recent valuation.
MiniMed under heavy fire. MMED shorts surged from 41% to 68.5% of free float in a single week. Cost to borrow sits at 16.6% and availability has nearly dried up at just 2.1% of short interest — a sign bears may struggle to add further.
Afya shorts triple. Brazilian medical education firm AFYA saw SI jump from 10.7% to 27.9%. The cost to borrow remains cheap at 1.4%, suggesting bears can pile in further.
Chewy shorts bail out. CHWY shorts retreated sharply — SI fell from 72.8% to of free float. With availability at 452%, there are still plenty of shares to borrow. Covering pressure may be building.
Lucky Strike stays in bears' sights. LUCK carries a short score of 94.8 with 30.6 days to cover — one of the highest DTC readings in the market. Cost to borrow at 32% signals real pain for shorts if a catalyst emerges.
Bitcoin fell to $83,000 as gold dropped 3% on an oil price surge — macro turbulence adding fuel to active short positioning across risk assets.
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.
