Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers are turning the screws across several heavily shorted stocks this week, with MMED leading the charge on both intensity and speed of build-up.
MiniMed Group's short interest hit 103% of free float on October 8. That is up from 79% just one week ago, a 24-percentage-point jump in seven days. The ORTEX short score sits at 92, and share availability has almost disappeared, at just 0.37%. With short interest now exceeding free float, a squeeze catalyst could be brutal for bears.
WOLF is another name under sustained pressure. The silicon carbide chipmaker sits at 84% SI of free float. That is up from around 80% a week ago. Days to cover stands at over 11.
HTZ remains deeply in focus. Hertz carries 71.7% SI of free float with a cost to borrow of 5.8%. Chip stocks are also in the news today, with one Wall Street analyst calling MU a potential 190% gainer over 24 months, which could put pressure on semiconductor shorts broadly.
MNSO is a different story. ORTEX data shows utilization climbing to 92.56%, near its 52-week high, even as SI% of FF remains modest at around 3.9%. Borrowing demand is intensifying without a large established short position. That is a warning sign worth watching.
On the biggest movers, NKT, the Danish cable group, saw SI jump nearly 11 percentage points in a week to 13%. Canadian energy names TPZ and POU also saw sharp short interest rises this week.
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.
