Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers have been busy this week. MMED (MiniMed Group) now has short interest at 102.9% of its free float, up 24 percentage points in seven days. Borrowing shares costs 42.7% annually. Availability sits at just 1.1% of short interest, meaning the borrow is almost tapped out.
WOLF (Wolfspeed) remains another pressure point. Short interest hit 84.2% of free float, up 3.7 points over the week. Availability is effectively zero. Short sellers appear unwilling to cover ahead of earnings season.
MDT (Medtronic) saw the biggest surprise: SI jumped 3 points to 4.6% of float in a week. Large-caps rarely move that fast. Bears may be positioning ahead of the company's next results.
On the other side, CHWY (Chewy) saw shorts trim positions by 2.3 points to 65.9% of float, though that remains deeply elevated.
SSMR (Sunshine Silver Mining) drew attention. SI rose to 29.1% of float, up 3.5 points. ORTEX alt data shows Wikipedia views for the stock running 10 standard deviations above its own history as of late September, a clear sign of retail attention spiking alongside short interest.
Earnings season opens this week with banks and defence names in focus. Any positive surprises could squeeze the crowded short positions still on the books.
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.
