Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers stepped up pressure on small and micro-cap names this week, while blue-chip short positions stayed almost flat ahead of the Q3 bank earnings season.
WOLF remains the standout among mid-caps. Wolfspeed's short interest hit 84.2% of free float as of October 8. That is up 3.7 percentage points over the past seven days, and availability of shares to borrow has dropped to zero. Bears are paying just 2.3% to hold the position, suggesting supply remains adequate in lending markets even as the float continues to shrink.
Among micro-caps, JAGX caught attention. Jaguar Health's SI jumped from 7.3% to 58.4% in one week. The cost to borrow hit 404% annually, and availability is at zero. That combination sets the stage for a violent squeeze if sentiment turns.
On the other side, VIVK saw its short interest collapse from 175.7% to 25%, the biggest covered drop in the US market over the past seven days. Short sellers exited fast.
Widely-discussed names remained quiet. NVDA sits at 1.3% SI. TSLA is at 2.4%. GME edged up slightly to 7.2%. None of those moved meaningfully.
ORTEX's short score flagged EverCommerce and Lucky Strike Entertainment with readings above 95, both carrying heavy days-to-cover above 22.
The broader theme this week is small-cap stress. Bears appear to be rotating away from mega-cap shorts and targeting thinner, illiquid floats where pressure builds faster.
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.
