Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers moved aggressively last week. Two names stand out: MMED and WOLF.
MiniMed Group saw its short interest jump 25 percentage points in just six days. SI now sits at 103% of free float. The ORTEX short score is 92 out of 100. Availability of shares to borrow has collapsed to just 1.1%, making new shorts extremely hard to put on. That squeeze setup is real.
Wolfspeed is also deep in bear territory. SI climbed to 84% of free float, up nearly 4 points over the same period. Days-to-cover stands at 11.3. The silicon carbide chipmaker has shed 13% over three months.
Medtronic is a more surprising mover. SI jumped from 1.6% to 4.6% of free float in six days. That is a near-tripling. At a $100B-plus market cap, that scale of new shorting is notable.
On the covering side, Signet Jewelers saw shorts pull back nearly 3 points to 14.7%. Skyworks Solutions dropped from 20.4% to 18.4%, as chip shorts broadly retreated.
EverCommerce tops the high short-score leaderboard among larger names at 96 out of 100. Cost to borrow is 78%, availability just 1.3%, and 22 days to cover. A single positive catalyst could force a sharp unwind.
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.
