Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers turned aggressive on MMED this week. The MiniMed Group's short interest jumped to 102.9% of free float, up from 78.6% just seven days ago. That 24-point rise is the biggest weekly move among mid-cap names tracked by ORTEX. Cost to borrow sits at 24.5% APR. Availability has collapsed to just 1.1%, signalling the borrow market is close to exhausted.
WOLF remains one of the most targeted stocks in the US market. The SiC chipmaker carries 84.2% short interest. Availability has hit zero. Bears are paying 11.3 days to cover. The stock has lost 13% over three months.
HTZ is another short sellers' favourite. Hertz holds 71.7% SI and availability is also at zero. The rental car group's EPS momentum has deteriorated sharply, down 6.4% over the past month.
sits at 59.7% SI. The EV maker has shed 32% in three months. Finland's record September EV sales (up 68% year on year, per ORTEX Alt Data) underline the competition Lucid faces from volume players.
On the covering side, Sun Corporation (6736) shed 11.4 points of SI week on week, the sharpest unwind tracked in the data. That kind of rapid cover can signal a squeeze or a trade gone stale.
With Q3 earnings season now open, short positions in heavily-bet names face binary risk from upcoming prints.
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.
