Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
CHWY is the week's standout short story. Its short interest jumped to 91.3% of free float as of October 15. That is up 25 points in just seven days from 65.9%. The pet-products retailer carries a market cap of $8.6 billion and sits at the very top of the most-shorted US names above $1 billion.
SKYD runs a distant second. Skydance Corporation's SI hit 65% of free float, up 15 points on the week. The media company has fallen 22% over three months and its cost to borrow stands at 2.2%.
SAIL added 6 points in a week to reach 33.5%. SailPoint operates in identity security software, a sector under pressure from pricing competition.
GME bears returned too. GameStop's short interest rose to 10.8% of free float from 7.2% a week ago. Social chatter around the meme name has picked up again.
WOLF carries the highest short score in this scan at 77. Wolfspeed's SI sits at 83.8% of free float with 10 days to cover and a cost to borrow near 1.9%.
On the earnings front, TSLA reports on October 21. ORTEX alternative data tracking German car registrations, a series that leads Tesla revenue by 43 days, is running 269% above the same quarter last year. Tesla's short interest itself is modest at 2.5% of free float, little changed on the week. GM reports a day earlier. The same German car data leads GM revenue by 15 days and is running 133% above last year's pace.
CHWY also appears in this week's earnings calendar, adding squeeze potential if results beat.
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.
