Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short sellers added aggressively to Chewy over the past week. SI as a % of free float jumped from 68% to 89%, one of the sharpest seven-day moves among mid-cap US names on the ORTEX data. With availability still relatively loose at 499% of short interest, the positioning has room to grow further.
EverCommerce carries the highest short score among liquid software names at 95.6. Its cost to borrow hit 243%, a signal that locating stock is now painful. Availability stands at just 2.6% of short interest. That combination of high borrow cost and scarce supply often precedes a sharp squeeze if sentiment turns.
Lucky Strike Entertainment also stands out. Its short score sits at 94.9 and 30% of float remains shorted, with a cost to borrow of 33%. The bowling-and-entertainment operator has dropped 28% over three months.
Tesla reports earnings on 21 October. SI is just 2.5% of free float, low by historical standards. ORTEX Alt Data tracking German car registrations, a dataset that leads Tesla revenue by 43 days, is running 269% above the same quarter last year across all three months of the period. That read points in a positive direction for the upcoming print.
Fluence Energy saw shorts add 5.5 percentage points in a week, lifting SI to 38% of free float. SailPoint followed, up 5.4 points to 33%. Both are mid-cap names with growing bear positioning.
On the covering side, Applied Aerospace & Defense saw SI fall 10.5 points to 12.6%, and Beta Bionics dropped 9.2 points. Short sellers appear to be reducing exposure in defence-adjacent names as geopolitical tensions ease, consistent with CNBC headlines noting Iran has stopped strikes on Israel.
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.
