Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
MiniMed Group is the week's standout short interest mover. Its short interest as a percentage of free float jumped to 99%, up from 77% just seven days ago. That is a 22-point swing. Availability of shares to borrow has collapsed to just 0.4% of short interest. The short score sits at 92, and bears have piled in hard.
Wolfspeed remains the most heavily shorted mid-cap stock with real scale. SI % of free float stands at 81%. Shares available to borrow have hit zero. The semiconductor equipment firm has shed 17% over three months. Shorts are not letting go.
Hertz holds 71% SI % FF, with zero shares left to borrow. Cost to borrow has climbed to 14.6% APR. The car rental firm looks deeply squeezed from a supply perspective. Any positive news could be volatile.
On the move upward in short positioning: Lennar. The homebuilder's SI % FF rose from 10.3% to 14.1% in a week. That is a 3.8-point increase. Bears are building a housing-sector bet as oil prices surge and mortgage rates stay elevated.
New York Times also drew fresh short interest, rising from 9.6% to 13.3% over the same period. The media name is now firmly on bears' radar.
On the other side, Anteris Technologies saw short interest drop 3.4 points to 18%, while Matthews International shed 3.1 points to 12.4%. Shorts are reducing on both names.
The broader market backdrop is tense. The Nasdaq fell over 300 points this week as oil prices surged and the Fear and Greed Index stayed in fear territory, providing fertile ground for short sellers across sectors.
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.
