Short sellers stepped up their bets on several notable names this week, with Lucid Group and Groupon among the biggest movers in short interest changes.
LCID saw its SI % of free float jump from 50.6% to 58.1% in just seven days — a 7.5 percentage point surge. Lucid continues to burn cash as EV competition intensifies. Cost to borrow stands at 7.1% APR with near-zero availability, making it increasingly expensive to press the trade.
GRPN isn't far behind. Short interest climbed from 63.5% to 71.3% of free float over the same period. Days to cover sits at 9.1 — any squeeze would be painful for latecomers.
Wolfspeed remains deeply troubled. SI % of FF holds at 81.3%, with zero shares available to borrow. Shares fell 38% in the last three months.
Fair Isaac crashed 27% today — its worst single-day drop since 1989. Short interest had already ticked up modestly to 8.9% of FF. With that kind of price collapse, covering pressure could build fast.
On the mega-cap side, Tesla shorts are actually retreating. SI dropped from 2.65% to 2.43% this week. Trump's AI summit, attended by top tech names, kept sentiment upbeat for growth stocks broadly.
NVIDIA short interest is near flat at 1.26% — bears show little appetite to fight that rally.
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.
