Short sellers made big moves in the week to September 29. Several mid-cap names saw double-digit jumps in short interest. The broader market backdrop remains choppy, with chip stocks sliding and geopolitical noise keeping volatility elevated.
GameStop jumps onto the radar. GME short interest surged from 0.22% to 6.71% of free float in just seven days. That is a near-30-fold increase. At a $12bn market cap with availability at 271%, there is still plenty of stock to borrow. Bears are building a fresh position as the meme favourite loses momentum.
MiniMed under heavy pressure. MMED SI climbed to 74.5% of free float, up 32 percentage points in a week. Availability has nearly vanished at under 1%, and cost to borrow sits at 21%. Short squeeze risk is real here.
Lucid keeps attracting sellers. LCID hit 58.5% short interest, up from 50.4% a week ago. Availability is also near zero at 0.5%. The EV maker's path to profitability remains the core bear thesis.
Globant draws fresh shorts. GLOB moved to 30.4% SI from 20.7%, a near 10-point rise in a week. IT services names are getting harder looks from bears.
Taiwan's record $103bn August export orders, up 71% year-on-year, underscore strong demand for electronics components. That macro tailwind has not stopped short sellers from targeting semiconductor-adjacent names including WOLF, where SI sits at 81%.
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.
