Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers made a decisive move into MMED last week. Short interest at MiniMed Group hit 102.9% of free float as of 8 October, up 24.3 percentage points in just seven days. Only 1.1% of short interest has available shares to borrow. That near-zero availability signals the squeeze risk is real.
WOLF remains one of the most shorted mid-caps in the US. The SiC chipmaker sits at 84.2% SI of free float, up 3.7 points on the week. Days to cover stands at 11.3. Shares are off 13% over three months.
The biggest large-cap mover is MDT. Medtronic's short interest jumped 3.1 percentage points in a week, from 1.5% to 4.6% of free float. At a $113 billion market cap, that shift represents a sizeable new bet against the medical device giant.
EVCM carries the highest short score in the screener at 95.8, with 22.5 days to cover and a cost to borrow of 78%. Shares are down 10% over three months. , the bowling and entertainment operator, sits at 94.9 short score with 30 days to cover.
Chip stocks dominate broader market headlines today. The S&P 500 and Nasdaq closed lower after a semiconductor rebound failed. That backdrop may keep pressure on names like Wolfspeed, where zero share availability leaves no room for new short positions without a price premium.
The alt-data layer flags one related signal: Xcel Energy's reactor output fell 10 standard deviations below its own history on 10 October, the sharpest deviation in the nuclear output dataset, per ORTEX Alt Data.
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.
