Short sellers made aggressive moves across several mid-cap names in the week to October 1. A global bond selloff added pressure to equity markets, with US 10-year Treasury yields at their highest since 2002.
The sharpest weekly rise in short interest came from MMED. Short interest in MiniMed Group climbed to 78.6% of free float, up 10 percentage points in seven days. Shares have gained 26% over three months, making it one of the most contested names in healthcare equipment.
TLN, the nuclear-focused power company Talen Energy, saw short interest double from 6.1% to 12.1% of free float in a single week. That is a six-point jump. The move is notable given wider energy sector stress. ORTEX Alt Data shows DTE's nuclear reactor output fell 10 standard deviations below its own history in early September, pointing to supply disruptions across the power sector.
APP hit a 52-week low today. AppLovin carries a short interest of 4.5% of free float. Shorts are paying just 0.5% to borrow. Bears have room to grow positions.
On the squeeze side, HTO saw its short interest fall sharply, dropping 10 points to 4.4% of free float. Shorts appear to be covering quickly in H2O America.
WOLF remains heavily shorted at 80% of free float with zero shares available to borrow. FLWS carries 34 days to cover. Both face severe squeeze risk if sentiment shifts.
EVCM holds the highest short score in the dataset at 95, with a cost to borrow of 44%. Short sellers are paying dearly to maintain that bet.
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.
