Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Short interest in CHWY exploded this week. Bearish positions jumped 25.6 percentage points in seven days. They now stand at 92.2% of free float, one of the highest readings among US large-caps right now. The move is sharp enough to put a squeeze on the radar.
WOLF remains deep in distress territory. Wolfspeed sits at 86.4% SI of free float. Availability of shares to borrow has hit zero, meaning new short positions are nearly impossible to open. Cost to borrow has climbed to 2.1% APR.
MDT is a surprise mover. Medtronic short interest rose 6 points in a week to 9.6% of free float. Cost to borrow spiked to 9.5% APR, a sharp move for a mega-cap medical device name. Social chatter around the stock has picked up alongside the Jim Cramer mention in today's news flow.
SKYD also saw a large jump. Skydance Corporation shorts rose 15.6 points to 64.4% of free float. Availability is tight at just 23%.
Ahead of earnings next week, TSLA sits at steady short interest. ORTEX Alt Data shows German car registrations running 269% above the same quarter last year, a dataset with a 43-day lead on Tesla revenue. GM also reports on 20 October, with its German car indicator running 133% above last year's comparable quarter.
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.
