Short sellers made bold moves this week. GameStop posted the most striking shift among large-cap names, with SI % of free float jumping from 0.22% to 6.70% in seven days. The stock's short interest had drifted near zero in mid-September before bears rebuilt positions rapidly as the meme-stock frenzy faded.
MiniMed Group carries the most pressure among mid-caps. SI hit 74.5% of free float, up 32 percentage points week-on-week. Availability is near zero at just 0.97%, meaning borrowable shares are almost exhausted. Cost to borrow stands at 20.9% APR. Those conditions can accelerate a squeeze if buyers emerge.
Lucid Group also saw SI climb to 58.5% of free float, up 8 percentage points. The EV maker continues to attract heavy bearish attention alongside persistent capital raise concerns.
On the covering side, Chewy saw bears pull back. SI dropped 6 percentage points to 68% of free float, still elevated but moving the right way for bulls.
Groupon sits at 71.2% of free float with a days-to-cover ratio above nine, making it one of the most combustible names in the mid-cap space.
News flow added context. A strategist flagged Meta as a potential AI trade winner, while Microsoft shares moved higher on the session. Neither carries extreme short interest, but social platforms remain focused on AI names as Q3 earnings season approaches.
Taiwan's August export orders hit a record $103bn, nearly double the prior year. That macro tailwind could support semiconductor sentiment and ease pressure on chip-exposed short books heading into October.
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.
