Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers have piled into two mid-cap names. CHWY sits at 87.3% SI of free float. WOLF is close behind at 88.9% with zero shares available to borrow.
Wolfspeed's cost to borrow is just 2%, keeping pressure manageable. Chewy, by contrast, has a generous 507% availability ratio, meaning bears can still add easily. Neither name shows signs of a squeeze.
The week's sharpest movers were mostly micro-caps. WETO saw SI jump 210 percentage points in five days to 248% of float. NXGL rose 141 points to 201%. These are small, illiquid names where short positioning can swing violently.
On the squeeze side, JAGX saw SI fall 34 points to 19.3%. dropped 34 points to 52.8%.
TSLA remains lightly shorted at 2.5% of float. The stock reports earnings on 21 October. German car registration data, which ORTEX measures as a leading indicator for Tesla revenue with a 43-day lead, is running 269% above the same quarter last year. That is a strong read for the coming print.
GM also reports on 20 October with SI at just 2.3%. German car data leads GM revenue by 15 days and is tracking 133% above last year's quarter.
GME sits at 9.9% SI with borrow costs near rock-bottom at 0.2%. No squeeze pressure here.
The MSCI World review on 19 October is worth watching. Flutter Entertainment faces an 86% deletion probability with $589M of forced selling ahead if confirmed on 11 November.
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.
