Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers moved aggressively in the past week. The biggest mover was MMED (MiniMed Group), where short interest as a percentage of free float jumped 22 percentage points in seven days to 99%. Shares have a ORTEX short score of 93.6. Availability sits at just 0.08%, making new short positions nearly impossible to open.
Rogers Communications made headlines of a different kind. Its cost to borrow surged 116% in a single week to 1.08%, while short interest climbed 39% to 4.1% of free float. ORTEX flagged activist selling as a driver.
Wolfspeed stays in the firing line. Short interest holds at 81.5% of free float. The semiconductor firm carries a days-to-cover ratio of 11.3, meaning bears would need nearly two weeks of average volume to exit.
Hertz is another long-running bear favourite. SI stands at 71% of free float, up from 60% a month ago, with DTC at 7.8.
On the homebuilder front, Lennar saw a 3.8 percentage point jump in short interest over the week to 14.1% of free float. Bearish bets on housing names are rising as bond yields remain elevated.
At the other end, megacaps draw little short interest. NVDA, AAPL, and MSFT all sit below 1.3% of float, reflecting broad bullish positioning in large-cap tech.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
