Stories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers made bold new bets last week. CHWY topped the movers list, with short interest as a percentage of free float jumping 17.5 points in seven days to reach 87.3%. That is one of the sharpest weekly moves across US mid-cap names.
MMED (MiniMed Group) now carries the highest overall short position among stocks above $500M, sitting at 89.2% of free float. Availability is near zero at just 0.5%, and the cost to borrow stands at 29.8% annualised. The short score is 90.7 out of 100.
WOLF (Wolfspeed) also added 7.6 points to hit 88.9% SI. The semiconductor name has dropped 17% over three months, giving bears little reason to cover.
MDT (Medtronic) saw a notable jump, rising 8.3 points to 10.1%. That shift is striking for a large-cap medical device name. (Sonos) climbed 5.9 points to just under 15%.
On the other side, TLN (Talen Energy) saw shorts cut nearly 6 points, dropping to 5.7%. SWKS (Skyworks Solutions) also shed 4 points.
CHRN carries a 28.4% cost to borrow and an ORTEX short score of 81.8. With GM reporting on 20 October, German car registration data (which ORTEX data shows running 133% above the same quarter last year) may add context to the EV competition backdrop that short sellers are watching closely.
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.