Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers got busier last week. Chewy saw the most striking move among larger names. Its SI % of Free Float jumped from 67.4% to 87.3% in a single week. That is a 20 percentage point surge. The stock has shed 9% over three months, and bears are still piling in.
Medtronic drew fresh attention too. SI % FF rose from 1.6% to 10.1% in seven days. That is a six-fold increase. For a large-cap medical device company, that kind of acceleration is unusual. Short sellers appear to be building a new position quickly.
EverCommerce carries a short score of 95.5. ORTEX data shows its borrow utilization hit 96.5%, near the 52-week peak. Cost to borrow jumped 54.5% in a single week, reaching 181.99% annualised. Availability is thin at just 3.7%.
MiniMed Group remains extreme. SI % FF sits at 89.2% after briefly crossing 100% mid-week. holds at 87.3%, creeping higher each session.
American Homes 4 Rent saw short interest spike 24% in one day to 3.7% of float. That is 13.8 million shares now borrowed, the highest single-day surge in weeks.
On the EV front, ORTEX Alt Data shows battery-electric car licensings in Ireland rose 54% year-on-year in September 2026. That broader EV demand signal puts pressure on laggards still heavily shorted by bears.
General Motors (GM) reports earnings on 20 October. German car registration data, which ORTEX measures as a leading indicator of GM revenue, is running 133% above the same quarter last year.
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.
