Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers have turned dramatically negative on MMED (MiniMed Group) in recent weeks. Short interest as a percentage of free float jumped from 26% to 99% in just 30 days. The ORTEX short score stands at 92 out of 100. That pace of build-up is rare outside of outright distress situations.
WOLF (Wolfspeed) remains one of the most shorted mid-cap names, with SI at 81% of free float. The semiconductor stock has dropped 17% in three months. Days to cover sits at 11, meaning any squeeze would take time to play out.
Homebuilders drew fresh attention as Q3 earnings season opened Friday. LEN (Lennar) saw SI climb from 10.3% to 14.1% in one week. Bears appear to be positioning ahead of results, with housing data and rate sensitivity in focus.
NYT (New York Times) is a quieter mover worth watching. SI has risen from 7.8% to 13.3% over the past month. That is a 70% relative increase for a media stock not normally on short sellers' radar.
EVCM (EverCommerce) carries one of the most extreme borrowing costs in the market. Cost to borrow reached 305% annualised. At that price, the cost alone can drain a short position fast. Short score is 96.
FLWS (1-800-FLOWERS) sits at 79% SI with 34 days to cover. Shares are down 28% over three months. Any positive catalyst could trigger a sharp unwind given how thin the exit is.
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.
