Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers are sharpening their focus on two names above all others this week: MMED and WOLF.
MiniMed Group's short interest hit 103% of free float, up from 79% just seven days ago. That 24-point jump is the largest single-week increase among mid-cap names tracked by ORTEX. Availability sits at just 1.1%, meaning there are almost no shares left to borrow. The short score stands at 91.7 out of 100.
Wolfspeed shows no sign of relief either. The semiconductor firm carries 84% SI as a percentage of free float, up nearly 4 points on the week. Days to cover sits at 11.3. Zero shares are available to borrow. Analysts have a slightly negative target price on the stock.
Among smaller names, Jaguar Health saw SI jump from 7% to 58% of free float in one week. carries 70% SI with 8.9 days to cover, and sits at 72% with zero availability remaining.
The EV surge reported in Europe is worth noting here. German battery-electric car registrations nearly doubled in September, rising 95% year on year to 88,335 units, the largest September reading since 2021 according to ORTEX Alt Data. That tailwind has not reached Lucid Group, which carries 60% SI of free float and is down 32% over three months.
Medtronic stands out among large caps. SI rose 3 points to 4.6% this week, a quiet but notable shift for a $113 billion company heading into a busy Q3 earnings season.
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.
