Short sellers stepped up pressure on several US names in the week to 29 September, with Lucid Group, Groupon and EverCommerce among the most notable movers.
LCID short interest climbed to 58.5% of free float, up 8 percentage points in seven days. Availability has almost dried up, sitting at just 0.5%. That combination makes a short squeeze increasingly plausible if any positive catalyst hits.
EverCommerce tells a similar story. Short interest is at 15.3% of FF, with cost to borrow at 94% APR and availability near zero at 0.4%. Bears are paying heavily to hold these positions.
Groupon saw SI rise to 71.2% of FF, up 7.4 points on the week. Less than 8% availability remains. Shares to borrow are scarce.
The social-media favourite GameStop showed a sharp week-on-week jump of 6.5 percentage points to 6.7% of FF. The underlying data is noisy, but the direction attracted attention on retail trading forums.
Globant and Tripadvisor each added roughly 6 to 9 points of SI over the week, putting both above 30% of free float.
On cost to borrow, Critical Metals Corp stands out with 32.7% SI and a borrow rate of 51% APR, while availability is just 8%. That is a costly short with little room to add.
Taiwan's August export orders hit a record $103bn, nearly doubling year-on-year per ORTEX Alt Data. Companies exposed to Asian supply chains may face repositioning by shorts in the weeks ahead.
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.
